Futures in China
Pure Terephthalic Acid 2014-06-23
Pure Terephthalic Acid Futures Contract Specs
 Underlying Product  Pure Terephthalic Acid(PTA)
 Contract Size  5 Tons
 Price Quote  Yuan (RMB)/Ton
 Tick Size 2 Yuan/Ton
 Daily Price Limit  4% of above or below the previous trading day's settlement price
 Contract Months  Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct , Nov and Dec
 Trading Hours  Monday through Friday(legal holidays excepted)
 9:00-11:30 a.m. 1:30-3:00 p.m.
 Last Trading Day  The tenth trading day of the delivery month
 Delivery Date  The twelfth trading day of the delivery month.
 Deliverable Grades  Standard of SH/T 1612.1-2005, for details see Delivery Rules of ZCE for PTA
 Delivery Place  Exchange-appointed delivery warehouses
 The Lowest Margin Rate  6% of contract value
 Trading Fees  4 Yuan/contract (including risk fund)
 Delivery Method  Physical delivery
 Ticker Symbol  TA
 Listed Exchange  Zhengzhou Commodity Exchange