|
Contract
Size
|
10
Tons
|
|
Price
Quote
|
Yuan
(RMB)/Ton
|
|
Tick
Size
|
1
Yuan/Ton
|
|
Daily
Price Limit
|
3%
of above or below the previous trading day's settlement price
|
|
Contract
Months
|
Jan,
Mar, May, Jul, Sep and Nov
|
|
Trading
Hours
|
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
|
First
to last trading day of the contract month.
|
|
Deliverable
Grades
|
2nd
grade strong gluten wheat (Exchange standard, Q/ZSJ001-2003).
Substitutions at differentials see Delivery Rules of ZCE
|
|
Delivery
Place
|
Exchange-appointed
delivery warehouses
|
|
The Lowest Margin
Rate
|
5%
of contract value
|
|
Trading
Fees
|
2
Yuan/contract (including risk fund)
|
|
Delivery
Method
|
Physical
delivery
|
|
Ticker
Symbol
|
WS
|
|
Listed
Exchange
|
Zhengzhou Commodity Exchange
|