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RO Contract

Rapeseed Oil Futures Contract Specs

 Underlying Product

 Rapeseed Oil

 Contract Size

 5 Tons

 Price Quote

 Yuan (RMB)/Ton

 Tick Size

2 Yuan/Ton

 Daily Price Limit

 4% of above or below the previous trading day's settlement price

 Contract Months

 Jan, Mar, May, Jul, Sep and Nov

 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

 Delivery Grades

 4th grade rapeseed oil (Exchange standard, Q/ZSJ003-2007) and rapeseed oil stipulated in Rapeseed Oil Delivery Rules of ZCE. Substitutions at differentials see Rapeseed Oil Delivery Rules of ZCE

 Delivery Place

 Exchange-appointed delivery warehouses

 The Lowest Margin Rate

 5% of contract value

 The Highest Trading Fee

 4 Yuan/contract (including risk fund)

 Delivery Method

 Physical delivery

 Ticker Symbol

 RO

 Listed Exchange

 Zhengzhou Commodity Exchange

 

 


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