Contract Size

50 Tons

Price Quote

Yuan (RMB)/Ton

Tick Size

1 Yuan/Ton

Daily Price Limit

4% of above or below the previous trading day's settlement price and the relevant provisions of Zhengzhou Commodity Exchange Futures Trading Risk-control Regulation.

The Lowest Margin Rate

6% of contract value

Contract Months

Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct , Nov and Dec

Trading Hours

Monday through Friday(Beijing time,legal holidays excepted)
9:00-11:30 a.m. 1:30-3:00 p.m.

Last Trading Day

The tenth trading day of the delivery month

Last Delivery Day

The twelfth trading day of the delivery month

Deliverable Grades

See Delivery Rules of Zhengzhou Commodity Exchange

Delivery Place

Exchange-appointed delivery places

Delivery Method

Physical delivery

Ticker Symbol

ME

Listed Exchange

Zhengzhou Commodity Exchange