Exchange |
Dalian Commodity Exchange (DCE) |
Type |
Commodity |
Underlying |
RBD Palm Olein |
Currency |
Renminbi (RMB) |
Contract Size |
10 Metric Tonnes |
Tick Size |
2.0 |
Tick Value |
20 RMB |
Pre-Open 1 |
|
Trading Session 1 |
09:00- 11:30 |
Pre-Open 2 |
|
Trading Session 2 |
13:30 - 15:00 |
Pre-Open T+1 |
No T+1 Session |
Trading Session T+1 |
No T+1 Session |
Last Trading Day |
10th Trading Day of the Delivery Month |
Last Delivery Day |
2nd Day after the Last Trading Day of the Delivery Month |
Final Settlement Price |
|
Settlement Type |
Physical |
Deliverable Grade |
|
Characteristics |
Item |
Quality Specification |
Refractive Index (40 degrees C) |
1.458-1.460 |
Gravity (40 degrees C/25 degrees C water) |
0.902-0.909 |
Iodine value (gI/100g) ≥ |
56 |
Saponification Value(mgKOH/g) |
188 - 207 |
Unsaponifiable Matter(%)≤ |
1.0 |
|
Delivery Location |
The Warehouses Appointed by the Dalian Commodity Exchange |
Contract Months |
Every month of the year January to December |
First Trading Day |
|
Position Limit |
|
Initial Margin (outright) |
5% of the Contract Value |
Maintenance Margin (outright) |
5% of the Contract Value |
Clearinghouse Margin (outright) |
|
Listed Spread |
No |
Initial Margin (spread) |
|
Maintenance Margin (spread) |
|
Clearinghouse Margin (spread) |
|
Daily Price Limit |
4% of Last Settlement Price |
Options |
No |
Exchange Symbol |
P |
Reuters Symbol |
|
Bloomberg Symbol |
|
ISIN Symbol |
|
SEDOL |
|
Notes |
|