Fresh Apple (AP)

Product

Fresh Apple

Trading Unit

10 metric tons/lot

Price Quotation

Chinese yuan (CNY)/metric ton

Minimum Price Fluctuation

CNY1/metric ton

Daily Price Limit

±5% 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

7% of contract value

Contract Months

January, March, May, July, October, November, December

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)

Other trading hours stipulated by Zhengzhou Commodity Exchange

Last Trading Day

The 10th trading day of the delivery month

Last Delivery Day

Delivery by registered receipts: The 13th trading day of the delivery month

Board delivery: The 20th day of the month following the delivery month

Grade and Quality

See the Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange for details

Delivery Point

Designated delivery points of Zhengzhou Commodity Exchange

Delivery Method

Physical Delivery

Product Code

AP

Listed Exchange

Zhengzhou Commodity Exchange