|
Underlying
Product
|
Common wheat
|
|
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 priceand relevant
provisions of Measure for Management of Risk Control of Zhengzhou Commodity
Exchange
|
|
The Lowest Margin
Rate
|
5% of
contract value
|
|
Contract
Months
|
Jan, Mar,
May, Jul, Sep and Nov
|
|
Trading
Hours
|
Monday through
Friday (legal holidays excepted)
9:00-11:30 a.m.
1:30-3:00 p.m.
|
|
Last
Trading Day
|
The seventh
trading day prior to the last trading day in the contract month
|
|
Delivery
Date
|
Warehouse warrant
delivery:The twelveth trading day of the contract month
Truck
board delivery:The twentieth day of the first month prior to the contract
month
|
|
Deliverable
Grades
|
Above
3rd grade (including 3rd grade) wheat (National
standard, GB1351-2008 Wheat),And
physical indicators in line with the requirements of the "Detailed Rules of
Futures Delivery in Zhengzhou Commodity Exchange".
|
|
Delivery
Place
|
Exchange-appointed
delivery warehouses
|
|
Delivery
Method
|
Physical
delivery
|
|
Ticker
Symbol
|
PM
|
|
Listed
Exchange
|
Zhengzhou
Commodity Exchange
|