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Canola futures standard contract

15:14, January 24, 2013 Zhengzhou Commodity Exchange

Transaction type	Rapeseed
Trading unit	10 tons/hand
Bidder	RMB/ton
minimum price change	1 yuan/ton
Maximum daily price fluctuation	Not more than ± 4% of the settlement price of the previous trading day
Contract Month	7. August, September and November
Transaction time	9:00-11:30 am 1:30-3:00 pm
Last Notice Day	The 10th trading day of the contract delivery month
Last delivery date	Warehouse receipt delivery: the 12th trading day of the contract delivery month; Board delivery: the 20th day of the month following the contract delivery month
Delivery grade	see Detailed Rules for Futures Delivery of Zheng Merchants Exchange
delivery points	Delivery place designated by the Exchange
Minimum transaction margin	5% of contract value
delivery methods	physical settlement
Transaction code	RS
Listed Exchange	Zhengzhou Commodity Exchange

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