Fresh Apple Futures Contract Specs
| Product | Fresh Apple |
| Trading Unit | 10 metric tons/lot |
| Price Quotation | Chinese yuan (CNY)/metric ton |
| Minimum Price Fluctuation | CNY1/metric ton |
| Daily Price Limit | ±5% 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 | 7% of contract value |
| Contract Months | January, March, May, July, October, November, December |
| 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) Other trading hours stipulated by Zhengzhou Commodity Exchange |
| Last Trading Day | The 10th trading day of the delivery month |
| Last Delivery Day | Delivery by registered receipts: The 13th trading day of the delivery month Board delivery: The 20th day of the month following the delivery month |
| Grade and Quality | See the Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange for details |
| Delivery Point | Designated delivery points of Zhengzhou Commodity Exchange |
| Delivery Method | Physical Delivery |
| Product Code | AP |
| Listed Exchange | Zhengzhou Commodity Exchange |
Fresh Apple Futures Contract Specs
(The amendments for apple July contract shall come into force after the delisting of AP2007 Contract, and the rest of revised parts shall come into force as trading of AP2110 Contract commences.)
| Product | Fresh Apple |
| Trading Unit | 10 metric tons/lot |
| Price Quotation | Chinese yuan (CNY) per metric ton |
| Minimum Price Fluctuation | CNY1/metric ton |
| Daily Price Limit | ±5% 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 | 7% of contract value |
| Contract Month | January, March, April,May, October, November, and December |
| 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) Other trading hours stipulated by Zhengzhou Commodity Exchange Only 9:00 a.m.-11:30 a.m. (Beijing time) on last trading day |
| Last Trading Day | The 10th trading day of the delivery month |
| Last Delivery Day | Delivery by registered warehouse receipts: the 12th trading day of the delivery month Board delivery: the 10th day of the month immediately following the delivery month |
| Grade and Quality | See the Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange for details |
| Delivery Point | Delivery pointsdesignated by Zhengzhou Commodity Exchange |
| Delivery Method | Physical delivery |
| Product Code | AP |
| Listed Exchange | Zhengzhou Commodity Exchange |
