Early Rice

Jun 21, 2017

Early Rice

Product

Early Long-grain Nonglutinous Rice

Contract Size

20 tons per lot

Pricing Unit

Yuan per ton

Tick Size

1 yuan per ton

Daily Price Limit

Within 4% above or below the settlement price of the previous trading day

Minimum Trading Margin

5% of contract value

Contract Months

January, March, May, July, September, November

Trading Hours

Monday – Friday, 9:00 am to 11:30 am, 1:30 pm to 3:00 pm (the Beijing Time)

Last Trade Date

10th trading day of contract month

Last Delivery Date

12th trading day of contract month

Deliverable Grades

Deliverable at par: early long-grain nonglutinous rice  conforming to grade 3 quality specifications of GB1536-2004 or to ZCE Detailed Delivery Rules; for substitutes and premier/discount see ZCE Detailed Delivery Rules

Delivery Venue

ZCE Certified Delivery Warehouses

Delivery Type

Physical Delivery

Product Ticker Symbols

RI


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