| Underlying Product |
Steel Wire Rod |
Trading Unit
|
10 ton/lot |
Quotation Unit
|
Yuan (RMB)/ton |
Tick Size
|
1 Yuan/ton |
Daily Price Limit
|
Not beyond ¡À5% of the settlement price of the previous business day |
Contract Months
|
January to December |
Trading Hours
|
9:00 am to 11:30 am, 1:30 pm to 3:00 pm |
Last Trading Day
|
The 15th day of the spot month (postponed if legal holidays) |
Delivery Duration
|
The five consecutive business days after the last trading day |
Deliverable Grades
|
Standard Products: As specified in Steel for the reinforcement of concrete
Part 1: Hot-rolled plains bars, GB1499.1-2008.
In the category of HPB235 with a diameter of 8mm. |
Substitutes
|
As specified in Steel for reinforcement of concrete
Part 1: Hot-rolled plains bars , B1499.1-2008.
In the category of HPB235 with a diameter of 6.5mm. |
Delivery Sites
|
Designated Warehouses by the Exchange |
Minimum Transaction Margin
|
7% of contract value |
Transaction Fee
|
Equal or below 0.2% of transaction value (risk reserve included) |
Minimum Delivery Unit
|
300 tons |
Delivery Method
|
Physical Delivery |
Symbol
|
WR |
Listed Bourse
|
SHFE |
