Thai Hom Mali Rice (BHMR)

Posted By Steve On Friday, January 8th, 2010 With 0 Comments
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  

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