Purified terephthalic acid futures contract of Zhengzhou Commodity Exchange

http://www.sina.com.cn 21:02, May 22, 2012 Zhengzhou Commodity Exchange

Transaction type	Purified terephthalic acid (PTA)
Trading unit	5t/hand
Bidder	RMB/ton
minimum price change	2 yuan/ton
Maximum daily price fluctuation limit	Not more than ± 4% of the settlement price of the previous trading day
Contract Month	1. February, March, April, May, June, July, August, September, October, November and December
Transaction time	9:00-11:30 am from Monday to Friday (except legal holidays) 1:30-3:00 pm
Last Notice Day	The 10th trading day of the delivery month
Last delivery date	The 12th trading day of the delivery month
Delivery grade	Premium PTA conforming to SH/T 1612.1-2005 quality standard of purified terephthalic acid for industrial use See the Detailed Rules for PTA Delivery of Zhengzhou Commodity Exchange for details
delivery points	Warehouse designated by the Exchange
Minimum transaction margin	6% of contract value
Transaction fees	Not more than 4 yuan/hand (including risk reserve)
delivery methods	physical settlement
Transaction code	TA
Listed Exchange	Zhengzhou Commodity Exchange

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