The standard contract of rebar futures is as follows: transaction code: RB
Maximum fluctuation limit of daily price: no more than 5% of the settlement price of the previous trading day.
Minimum trading margin: 5% of the contract value.
Transaction fee: not higher than two ten thousandths of the transaction amount (including risk reserve).
Contract delivery month:1~ 65438+February.
Trading time: 9: 00 am ~10:1510: 30 ~165438+0: 30 pm1:30 pm.
Last trading day: 15 of the delivery month of the contract (postponed in case of legal holidays).
Minimum delivery unit: 300 tons
Delivery date: five consecutive working days after the last trading day.
Delivery place: delivery warehouse designated by the exchange.
Delivery grade
Standard: φ 16mm, φ 18mm, φ20mm, φ22mm and φ25mm steel bars conforming to the national standard GB 1499.2-2007 "Steel for Reinforced Concrete Part 2: Hot Rolled Ribbed Steel Bars" or HRB400. Substitution: Φ16mm, Φ18mm, Φ φ20mm, Φ φ22mm, Φ φ25mm steel bars or HRBF335 brands that meet the national standard GB 1499.2-2007 "Steel for Reinforced Concrete Part 2: Hot Rolled Ribbed Steel Bars".