What do the numbers in the sugar futures varieties mean? For example: SR 130 1, does it mean the contract delivery deadline? Please help me explain in detail, thank you on your knees!

1. What do the numbers in the sugar futures varieties mean? For example, SR 130 1, SR stands for sugar, 13 stands for 20 13, 0 1 stands for 1, and in general, Sr130/kloc-.

2. When is the deadline for contract delivery? Such as SR 130 1, which means: sugar warehouse receipt to be delivered in June 20 13. However, it will be delivered on 25th instead of 0 1 in the current month, but the exchange will increase the margin ratio after delivery.

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