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Products Specs

PTA Futures Contract

02.08 / 2020 FANGZHENG

PTA Futures Contract
Product Pure Terephthalic Acid
Contract Size 5 tons per lot
Price Quotation (RMB) Yuan per ton
Minimum Price Fluctuation 2 Yuan per ton
Daily Price Limits Within 4% above or below the settlement price of the previous trading day or other relevant regulations of Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange
Minimum Trading Margin 6% of contract value
Contract Months Recent twelve consecutive months
Trading Hours Monday to FridayBJT, except national legal holidays
9:00-11:30am, 1:30-3:00pm
and other trading hours as prescribed by the Exchange
Last Trading Day 10th trading day of the delivery month
Last Delivery Day 12th trading day of the delivery month
Deliverable Grades High class pure terephthalic acid conforming to?SH/T 1612.1-2005; Stipulated by Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange
Delivery Location Designated delivery warehouses of ZCE
Settlement Type Physical delivery
Product Symbol TA
Exchange Zhengzhou Commodity Exchange

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