Product |
Late Long-Grain Non-Glutinous Paddy |
Trading Unit |
20 metric tons/lot |
Price Quotation |
Chinese yuan (CNY) per metric ton |
Minimum Price Fluctuation |
CNY1/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 Month |
January, March, May, July, September, and November |
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) |
Last Trading Day |
The 10th trading day of the delivery month |
Last Delivery Day |
The 12th trading day of the delivery month |
Grade and Quality |
See the Delivery Rules for Futures Delivery of Zhengzhou Commodity Exchange for details |
Delivery Point |
Delivery points designated by Zhengzhou Commodity Exchange |
Delivery Method |
Physical delivery |
Product Code |
LR |
Listed Exchange |
Zhengzhou Commodity Exchange |