Futures in China
Soybean Meal 2014-06-17

Product Soybean Meal
Trading Unit 10 MT/contract
Price Quote CNY/MT
Tick Size 1 CNY/MT
Daily Price Limit 4% of last settlement price  (temporarily 5%)
Contract Months Jan, Mar, May, Jul, Aug, Sep, Nov, Dec
Trading Hours 9:00 - 11:30 am, 1:30 - 3:00 pm Beijing Time, Monday to Friday
Last Trading Day 10th trading day of the delivery month
Last Delivery Day 4th trading after the last trading day of the delivery month
Delivery Grades DCE Quality Specification for the Delivery of Soybean Meal (F/DCE D001-2006)
Delivery Location The warehouses appointed by the DCE
Trading Margin 5% of the contract value  (temporarily 7%)
Trading Fee No more than 3 CNY/contract
Delivery Pattern Physical delivery
Ticker Symbol M