Contract Size  

10 ton/lot

Price Quotation

Yuan (RMB)/ton

Minimum Price Fluctuation

1 Yuan/ton

Daily Price Limit

Within 5% above and below the settlement price of the previous business day

Contract Serials

Monthly contract of recent 12 months from January to December

Trading Hours

9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m.(the Beijing Time)

Last Trading Day

The 15th day of the delivery month (If it is a public holiday, the last trading day shall be the 1st business day after the holiday)

Delivery Period

The five consecutive business days after the last trading day

Grade and Quality Specifications

Standard Products: As specified in Steel for the reinforcement of concrete Part 1: Hot-rolled plain bars, GB1499.1-2008, with a designation of HPB235 with a diameter of 8mm.

Substitutes Products: As specified in Steel for reinforcement of concrete Part 1: Hot-rolled plain bars, B1499.1-2008, with a designation of HPB235 with a diameter of 6.5mm.

Delivery Venue

SHFE Certified Delivery Warehouse

Minimum Trade Margin

7% of contract value

Transaction Fee

Equal or below 0.02% of transaction value (risk reserve included)

Minimum Warranted Delivery

Size

300 tons

Settlement Type

Physical Delivery

Contract Symbol

WR