Futures in China
Strong Gluten Wheat 2014-06-23
Strong Gluten Wheat Futures Contract Specs
 Contract Size  10 Tons
 Price Quote  Yuan (RMB)/Ton
 Tick Size  1 Yuan/Ton
 Daily Price Limit  3% of above or below the previous trading day's settlement price
 Contract Months  Jan, Mar, May, Jul, Sep and Nov
 Trading Hours  9:00-11:30 a.m. 1:30-3:00 p.m.
 Last Trading Day  The seventh trading day prior to the last trading day in the contract month
 Delivery Date  First to last trading day of the contract month.
 Deliverable Grades  2nd grade strong gluten wheat (Exchange standard, Q/ZSJ001-2003).  Substitutions at differentials see Delivery Rules of ZCE
 Delivery Place  Exchange-appointed delivery warehouses
 The Lowest Margin Rate  5% of contract value
 Trading Fees  2 Yuan/contract (including risk fund)
 Delivery Method  Physical delivery
 Ticker Symbol  WS
 Listed Exchange  Zhengzhou Commodity Exchange