Thai Hom Mali Rice (BHMR)
| Exchange | The Agricultural Futures Exchange of Thailand (AFET) |
| Type | Commodity |
| Underlying | Thai Hom Mali Rice 100% Grade B |
| Currency | Thai Baht (THB) |
| Contract Size | 15 Metric Tonnes |
| Tick Size | 0.01 |
| Tick Value | 150 THB |
| Pre-Open 1 | |
| Trading Session 1 | 10:00- 15:45 |
| Pre-Open 2 | |
| Trading Session 2 | None |
| Pre-Open T+1 | None |
| Trading Session T+1 | None |
| Last Trading Day | The 10th business day of the Delivery Month |
| Last Delivery Day | The last business day of the Delivery Month |
| Final Settlement Price | A 3-day average of the mid-interval value of Thai Hom Mali Rice 100% Grade B Price plus the quality improvement premium of 0.30 baht/kg. |
| Settlement Type | Physical |
| Deliverable Grade | Details HERE |
| Delivery Location | Buyer’s designated warehouse or factory in Bangkok (Buyer’s designated warehouse or factory in Ayutthaya, Nakhon Pathom, Nonthaburi, Samut Sakhon, Samut Prakan, Pathum Thani, Nakhon Nayok, or Chachoengsao Provinces without distance premium and discount.) |
| Contract Months | 8 consecutive months |
| First Trading Day | |
| Position Limit | Not greater than 600 contracts for delivery month (each leg) Not greater than 3,000 contracts in all contract months combined (each leg) (A hedger may ask for permission to hold more than such limits) |
| Initial Margin (outright) | 22,000 baht per contract |
| Maintenance Margin (outright) | 16,500 baht per contract |
| Clearinghouse Margin (outright) | |
| Listed Spread | No |
| Initial Margin (spread) | 22,000 THB |
| Maintenance Margin (spread) | 16,500 THB |
| Clearinghouse Margin (spread) | |
| Daily Price Limit | 1.10 THB |
| Options | No |
| Exchange Symbol | BHMR |
| Reuters Symbol | |
| Bloomberg Symbol | |
| ISIN Symbol | |
| SEDOL | |
| Notes |
