Futures in China
Natural Rubber Contract Specifications 2014-09-01
Product Natural Rubber
Contract Size 10 tons/lot
Price Quotation (RMB) Yuan/ton
Minimum Price Fluctuation 5 Yuan/ton
Daily Price Limit Within 3% above or below the settlement price of the previous trading day
Contract Series January, March, April, May, June, July, August, September, October and November
Trading Hours 9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m. (the Beijing Time)
Last Trading Day The 15th day of the spot month (If it is a public holiday, the Last Trading Day shall be the 1st business day after the holiday)
Delivery Period Five consecutive business days after the last trading day
Grade and Quality Specifications Standard goods:
1.Domestic: SCR WF as specified in the National Standard of GB8081-8089-87
2.Imported: RSS3 as specified in the International Quality And Packaging Standard of Rubber(1979)
Delivery Venue Certified Delivery Warehouse of the SHFE
Minimum Trade Margin 5% of contract value
Settlement Type Physical Delivery
Contract Symbol RU
Exchange SHFE