Transaction type |
Late indica rice ("late indica rice" for short) |
Trading unit |
20t/hand |
Bidder |
RMB/ton |
minimum price change |
1 yuan/ton |
Daily price fluctuation limit |
± 4% of the settlement price on the previous trading day and relevant provisions of the Measures for Risk Control Management of Zhengzhou Commodity Exchange |
Minimum transaction margin |
5% of contract value |
Contract Month |
1. March, May, July, September and November |
Transaction time |
Every Monday to Friday (except legal holidays in Beijing 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 Rules for Futures Delivery of Zhengzhou Commodity Exchange |
delivery points |
Delivery place designated by the Exchange |
delivery methods |
physical settlement |
Transaction code |
LR |
Listed Exchange |
Zhengzhou Commodity Exchange |