Published On: Fri, Oct 28th, 2011

ZCE Launches Methanol Futures

Methanol Futures Contract Specifications

Contract Size 50 Tons
Price Quote Yuan (RMB)/Ton
Tick Size 1 Yuan/Ton
Daily Price Limit 4% of above or below the previous trading day’s settlement price and the relevant provisions of Zhengzhou Commodity Exchange Futures Trading Risk-control Regulation.
The Lowest Margin Rate 6% of contract value
Contract Months Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct , Nov and Dec
Trading Hours Monday through Friday(Beijing time,legal holidays excepted)
9:00-11:30 a.m. 1:30-3:00 p.m.
Last Trading Day The tenth trading day of the delivery month
Last Delivery Day The twelfth trading day of the delivery month
Deliverable Grades See Delivery Rules of Zhengzhou Commodity Exchange
Delivery Place Exchange-appointed delivery places
Delivery Method Physical delivery
Ticker Symbol ME
Listed Exchange Zhengzhou Commodity Exchange

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