Paraxylene (PX)

Product

p-Xylene

Trading Unit

5 metric tons/lot (dry metric ton)

Price Quotation

Chinese yuan (RMB) per metric ton

Minimum Price Fluctuation

RMB 2 yuan/metric ton

Daily Price Limit

±4% of the settlement price of the previous trading day and further subject to the price limit provisions of the Risk Control Rules of Zhengzhou Commodity Exchange

Minimum Trading Margin

5% of contract value

Contract Months

Monthly contracts for 12 consecutive months

Trading Hours

9:00-11:30 and 13:30-15:00(Beijing time) and other trading hours prescribed by Zhengzhou Commodity Exchange

Last Trading Day

10th trading day of the delivery month

Last Delivery Day

13th trading day of the delivery month

Grade and Quality

See the Detailed Rules of Zhengzhou Commodity Exchange for p-Xylene Futures

Delivery Point

Delivery points designated by Zhengzhou Commodity Exchange

Delivery Method

Physical delivery

Product Code

PX

Listed Exchange

Zhengzhou Commodity Exchange