Thermal Coal Futures Contract Specs
Product | Thermal Coal |
Trading Unit | 100 metric tons/lot |
Price Quotation | Chinese yuan (CNY)/metric ton |
Minimum Price Fluctuation | CNY0.2/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 Months | January, February, March, April, May, June, July, August, September, 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 5th trading day of the delivery month |
Last Delivery Day | Board delivery : The last calendar day of the delivery month Delivery by registered receipts: The 8th trading day of 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 | ZC |
Listed Exchange | Zhengzhou Commodity Exchange |