Polypropylene (PP)
Product | Polypropylene (PP) |
Trading Unit | 5MT/Contract |
Price Quote | CNY/MT |
Tick Size | 1 CNY/MT |
Daily Price Limit | 5% of last settlement price(The Exchange occasionally makes adjustments to the daily price limits, margin, and position limits, all such adjustments are announced in advance. For each contract, the current trading day's price limit, margin level, and position limit can be found at: http://www.dce.com.cn/DCE/TradingClearing/Business%20Parameters/Trading%20Parameters/index.html ,under "Daily Parameters" ) |
Contract Months | Monthly contracts (12 contracts per year) |
Trading Hours | 9:00 - 11:30 am, 1:30 - 3:00 pm Beijing Time, Monday - Friday |
Last Trading Day | 10th trading day of the delivery month |
Last Delivery Day | 3rd day after the last trading day of the delivery month |
Deliverable Grades | DCE PP Delivery Quality Standards |
Delivery Location | The warehouses appointed by the DCE |
Minimum Trading Margin | 6% of the contract value(temporarily 7%) |
Delivery Form | Physical delivery |
Ticker Symbol | PP |
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