Trading unit: net weight 50,000 pounds (about 65,438+000 packages).

Trading time: 10: 30 am to 2: 00 pm15.

Quotation unit: cents/pound

Transaction month: the current month and the following 23 months. Active trading months are: March, May, July, 10, 12.

Transaction code: CT

Lowest quotation: 0.0 1 cent (1 point) when the price is below 95 cents/pound, and 0.05 cents (5 points) when the price is above 95 cents/pound. Note: regardless of the price, the quotation is in the form of integral.

Last trading day: the seventeenth trading day from the bottom of the delivery month.

First notification date: the penultimate trading day one month before the delivery month.

Daily limit: not higher than or lower than the settlement price of the previous trading day by 3 cents. If the monthly price of a contract is higher than or equal to1.1USD/lb, the price fluctuation range of all months becomes 4 cents. If there is no monthly quotation of 1. 10 USD/ton or higher, the price fluctuation limit of 3 cents/pound will still be implemented. After the first notice of the contract, there is no price limit.

Position limit:

Delivery month: 300 batches

Other months: 2500 lots

Total positions in all months: 3500 lots

Intersecting lamp set

Quality: sub-intermediate

Product length: 1-2/32 inches

Value 65438+ 0 point per fluctuation: USD 5 per point/lot.

Place of delivery: Galveston, Texas and Houston (TX); New Orleans, Louisiana; Memphis, Tennessee; Greenville, South Carolina (SC).