| Product | Common Wheat |
| Trading Unit | 50 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 Controlof 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 10thtrading day of the delivery month |
| Last Delivery Day | Delivery by registered warehouse receipts: the 12th trading day of the delivery month Board Delivery: the 20th day of the month following delivery month |
| Grade and Quality | Grade 3 or higher grade wheat conforming to “National Standard of the People’s Republic of China, Wheat” (GB 1351-2008) with physical indicatorscomplying with the Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange |
| Delivery Point | Delivery warehousesand delivery valuation points designated by Zhengzhou Commodity Exchange |
| Delivery Method | Physical delivery |
| Product Code | PM |
| Listed Exchange | Zhengzhou Commodity Exchange |
