Item | Content |
---|---|
Product | TSR 20 |
Product Symbol | NR |
Contract Size | 10 metric tons/lot |
Price Quotation | Yuan (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 Months | January, February, March, April, May, June, July, August, September, October, November, and December |
Trading Hours | 9:00-11:30 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 Period | Five (5) consecutive trading days after the last trading day |
Grades and Quality Specifications | Refer to Appendix for detailed quality standards (INE website) |
Delivery Venues | Delivery Storage Facilities designated by the Shanghai International Energy Exchange |
Minimum Trading Margin | 7% of contract value (or adjusted by INE/clearing members) |
Settlement Type | Physical 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.