|
Product |
Bleached Softwood Kraft Pulp |
|
Contract Size |
10 tons/lot |
|
Price Quotation |
Yuan (RMB)/ ton |
|
Minimum Price Fluctuation |
2 yuan/ ton |
|
Daily Price Limit |
Within 3% up or down the settlement price of the previous trading day |
|
Listed Contracts |
Monthly contract of the most recent twelve（12）months from January to December |
|
Trading Hours |
9:00-11:30a.m.,1:30-3:00p.m.(the Beijing Time), and other trading hours as prescribed by SHFE |
|
Last Trading Day |
The 15th day of the contract month (postponed accordingly if it is a legal holiday in China and subject to separate announcement by the Exchange if it falls in the Spring Festival month or another month specially designated by the Exchange.) |
|
Delivery Period |
Three consecutive business days after the last trading day |
|
Grade and Quality Specifications |
Bleached softwood kraft pulp, refer to Annex for detailed quality requirements |
|
Delivery Venue |
Delivery Storage Facilities designated by SHFE |
|
Minimum Trade Margin |
4% of contract value |
|
Minimum Warranted Delivery Size |
20 tons |
|
Settlement Type |
Physical delivery |
|
Contract Symbol |
SP |
|
Listing Exchange |
Shanghai Futures Exchange (SHFE) |
