Trading Unit

10 MT/contract

Price Quote

CNY/MT

Tick Size

1 CNY/MT

Daily Price Limit

4% of last settlement price  (The Exchange occasionally makes adjustments to the daily price limits, margin, and position limits, all such adjustments are announced in advance. For each contract, the current trading day's price limit, margin level, and position limit can be found at: http://www.dce.com.cn/DCE/TradingClearing/Business%20Parameters/Trading%20Parameters/index.html ,under "Daily Parameters" )

Contract Months

Jan, Mar, May, Jul, Aug, Sep, Nov, Dec

Trading Hours

9:00 - 11:30 am, 13:30 - 15:00 pm Beijing Time, Monday - Friday, with extended hours trading session from 21:00 to 23:30 pm, and other trading hours as announced by DCE

Last Trading Day

10th trading day of the delivery month

Last Delivery Day

4th trading after the last trading day of the delivery month

Delivery Grades

DCE Quality Specification for the Delivery of Soybean Meal (F/DCE D001-2006)

Delivery Location

The warehouses appointed by the DCE 

Trading Margin

5% of the contract value  (temporarily 7%)

Delivery Pattern

Physical delivery

Ticker Symbol

M