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What is the meaning of tc in the futures contract tc60 1?
TC is the code of Zhengshang Institute Thermal Coal (Mei Zheng);

60 1: it is the contract month, indicating the contract delivered on 20 16 and 16. Zheng Stock Exchange is different from Shanghai Stock Exchange, Shanghai Stock Exchange and Shanghai Stock Exchange in this respect. Only the last number is used for the year, and the other three exchanges use the last two numbers, such as copper delivered at 20 16 and 16.

To sum up, TC60 1 is the contract code of thermal coal delivered in June 2006+2065438;

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