Peanut futures trading rules
1 In terms of contract specifications, the code is PK, the trading unit is 5t/ lot, and the minimum price change is 2 yuan/ton.
2 In terms of contract month and delivery time, the contract months are 1, 3, 4, 10,1,12, the last trading day is 10 of the contract delivery month, and the last delivery day is/kloc of the contract delivery month.
3. The execution standard of price limit is 7%, and the trading margin standard is 8%.
4. In terms of handling fees, the handling fee for peanut futures trading is 4 yuan/lot, the handling fee for daily liquidation trading is 4 yuan/lot, and the handling fees for delivery, warehouse receipt transfer and cash transfer are all 0.5 yuan/ton.
5. In terms of trading time, the call auction time on the day of listing of peanut futures is 8: 55-9: 00, and the trading time is 9: 00-1:30 and 13: 30- 15: 00, so night trading is not allowed for the time being.
At present, China is the largest peanut producer in the world, ranking first in planting area and output. After the listing of peanut futures, it can provide a tool to hedge risks for the spot market and also provide price signals for it.