Wire futures standard contract

Trading variety

wire rod

Trading unit

10 ton/hand

Quotation unit

Yuan (RMB)/ton

Minimum variable price

1 yuan/ton

Maximum daily price fluctuation limit

Not more than 5% of the settlement price of the previous trading day.

Contract delivery month

1 ~ 65438+ February

trading hour

9: 00 am ~165438+0: 30 pm ~ 3: 00 pm

last trading day

Contract delivery month 15 (postponed in case of legal holidays)

delivery date

Five consecutive working days after the last trading day.

Delivery grade

Standard: φ8mm wire rod conforming to the national standard GB 1499. 1-2008 Steel for Reinforced Concrete Part 1 Part: Hot Rolled Round Steel Bars (HPB235).

Substitution: φ6.5mm wire rod conforming to the national standard GB 1499. 1-2008 Steel for Reinforced Concrete Part 1 Part: Hot Rolled Round Steel Bars HPB235.

place of delivery

Exchange designated delivery warehouse

Minimum trading margin

7% of the contract value

transaction cost

Not more than two ten thousandths of the transaction amount (including risk reserve)

Minimum delivery unit

300 tons

Mode of delivery

Actual delivery

Event code

Wassermann reaction