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What is EG in the futures market?
"EG" is the trading code of ethylene glycol futures contract.

According to the published Amendment of Trading Rules of Dalian Commodity Exchange and Amendment of Delivery Rules of Dalian Commodity Exchange, the trading code of ethylene glycol futures contract is EG, the trading unit is 10 ton/lot, the quotation unit is RMB/ton, and the minimum change price is 1 yuan/ton.

The price limit is 4% of the settlement price of the previous trading day, and the minimum trading margin is 5% of the contract value. The contract month of ethylene glycol futures is 1 to 12, the last trading day is the fourth trading day from the bottom of the contract month, and the last delivery day is the third trading day after the last trading day.

Extended data

Ethylene glycol—

Ethylene glycol is an important organic raw material in petrochemical industry. China is the largest importer and consumer of ethylene glycol in the world, and more than 90% of ethylene glycol in China is used to produce polyester products. Therefore, the change of downstream polyester market largely determines the supply and demand and price trend of ethylene glycol.

20 18 The polyester market in China experienced a process from high-speed rise to callback cooling. On July 19, the market price of ethylene glycol was 7265 yuan/ton, and then it was adjusted back to 58 1 15 yuan/ton on July 10/9, with a drop as high as 1450 yuan/ton. On February 4th, 65438, the latest offer of ethylene glycol was 6200 yuan/ton.