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China Market

China Market

Specifications
Q1.Specification
ItemContent
ProductTSR 20
Product SymbolNR
Contract Size10 metric tons/lot
Price QuotationYuan (RMB) /metric ton(no tax or duty included in the quotation)

Minimum Price 

Fluctuation

5 Yuan (RMB)/metric ton
Daily Price Limits≦ previous daily settlement ±5%
Delivery MonthsJanuary, February, March, April, May, June, July, August, September, October, November, and December
Trading Hours9:00-11:30 a.m.
1:30-3:00 p.m. (the Beijing Time), and other trading hours as prescribed by the Exchange
Last Trading Day

The 15th day of the delivery month (postponed accordingly if it is a national holiday or

weekend;

The Shanghai International Energy Exchange is entitled to adjust the last trading day in accordance with the national holidays or weekends.)
Delivery PeriodFive (5) consecutive trading days after the last trading day

Grades and 

Quality Specifications

Refer to Appendix for detailed quality standards (INE website)
Delivery VenuesDelivery Storage Facilities designated by the Shanghai International Energy Exchange
Minimum Trading Margin7% of contract value (or adjusted by INE/clearing members)
Settlement TypePhysical delivery

Risk Disclosure:Transactions conducted through the Internet may be subject to transmission blackout, interruption, delayed transmission due to Internet traffic, incorrect data transmission due to the public nature of the Internet or any uncertain circumstances out of YSHK’s control and cause errors or delay on order transmission, receiving or execution, including unexecution of effective amendment instruction, the original or unrevised instruction may be executed when the order is intended to be cancelled, instructions to trade may not be executed or may be delayed so that they are executed at prices different from those prevailing at the time the instructions were given, and/or communications and personal data may be accessed by unauthorized third parties. YSHK accepts no liability to you or anyone else for any loss or expense arising from the risks.There are risks of your access code or login password being abused or utilised by unauthorised persons. Do not divulge your login ID and password to third parties and change your password regularly. If there is any unauthorised use of your trading or login password, you shall notify YSHK immediately and you agree that you shall bear all risks in connection with any unauthorised use of your trading or login password and you shall indemnify YSHK on demand for any losses, costs, damages, expenses or claims which YSHK may suffer as a result of any unauthorised use of your trading or login password.