Zheshang Bank

Standard futures contract of rapeseed meal

15:15, January 24, 2013    Zhengzhou Commodity Exchange
Transaction type

Rapeseed meal (referred to as "rapeseed meal")

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

1. March, May, July, 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

The 12th trading day of the contract delivery month

Delivery grade

see Detailed Rules for Futures Delivery of Zheng Merchants Exchange

delivery points

Delivery warehouse designated by the Exchange

Minimum transaction margin 5% of contract value
delivery methods physical settlement
Transaction code

RM

Listed Exchange

Zhengzhou Commodity Exchange

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