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Early Rice
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  Early Rice  contract


Early Rice

Trading Unit

20 metric tons/lot

Price Quotation

Chinese yuan (CNY) per metric ton

Minimum Price Fluctuation

CNY1/metric ton

Daily Price Limit

±4% of the settlement price of the previous trading day;

Refer to relevant provisions on daily price limit under the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange

Minimum Trading Margin

5% of contract value

Contract Month

January, March, May, July, September, and November

Trading Hours

Monday to Friday (except public holidays)

9:00 a.m.-11:30 a.m.  1:30 p.m.-3:00 p.m. (Beijing time)

Last Trading Day

The 10th trading day of the delivery month

Last Delivery Day

The 12th trading day of the delivery month

Grade and Quality

Benchmark delivery product: Grade 3 or higher grade early long-grain non-glutinous paddyconforming to “National Standard of the People’s Republic of China, Paddy” (GB1350-2009) with quality indicatorsconforming to Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange. See Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange for details ondelivery substitutes and premiums and discountsof substitutes

Delivery Point

Delivery warehousesdesignatedbyZhengzhou Commodity Exchange

Delivery Method

Physical delivery

Product Code


Listed Exchange

Zhengzhou Commodity Exchange


Address:Futures Mansion,No.30 Shangwu Waihuan Road,Zhengdong New District, Zhengzhou,P.R.China 450018 Tel:86371-65610069
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