Trading Unit

5 Tons/contract

Pricing Unit

Yuan (RMB)/Ton

Tick Size

2 Yuan/Ton

Daily Price Limit

Up/Minus 4% of the previous settlement price. See related details from Management Rules for Futures Trading Risk Control in Zhengzhou Commodity Exchange

Minimum Trading Margin

5% of contract value

Contract Months

From January to December

Trading Hours

Monday to Friday(except public holidays)

9:00 a.m.-11:30 a.m.  1:30 p.m.-3:00p.m.( Beijing Time)

Last Trading Day 9:00 a.m.-11:30 a.m. ( Beijing Time)

Other time specified by Zhengzhou Commodity Exchange

Last Trading Day

The 10th trading day of the delivery month

Last Delivery Day

The 12th trading day of the delivery month

Deliverable Grades

See Futures Delivery Bylaws of Zhengzhou Commodity Exchange

Delivery Points

Exchange-appointed Delivery Points

Delivery Method

Physical Delivery

Ticker Symbol

SF