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Standard contract for aluminum
Trading variety

aluminium (Al)

Trading unit

5 tons/hand

Quotation unit

Yuan (RMB)/ton

Minimum variable price

5 yuan/ton

Maximum daily price fluctuation limit

Not more than 3% of the settlement price of the previous trading day.

Contract delivery month

1 ~ 65438+ February

trading hour

9: 00 am-165438+0: 30-3: 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 product: aluminum ingot, which conforms to the national standard GB/T1196-2008al99.70, and the aluminum content is not less than 99.70%.

Substitution: 1, aluminum ingot, in line with national standards GB/T1196-2008al99.85, AL99.90. 2. The aluminum ingot meets the standard of P 1020A.

place of delivery

Exchange designated delivery warehouse

Minimum trading margin

5% of the contract value

transaction cost

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

Mode of delivery

Actual delivery

Event code

aluminium (Al)

Listed exchange

Shanghai Futures Exchange