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Silver Contract Specifications

Product Silver
Contract Size 15 kilograms /lot
Price Quotation (RMB) Yuan/kilogram
Minimum Price Fluctuation 1Yuan/kilogram
Daily Price Limit Within 3% up or down of the settlement price of the previous trading day
Contract Series Monthly Contract of the recent 12 months
Trading hours 9:00am to 11:30am, 1:30pm to 3:00pm (the Beijing Time) and other trading hours as prescribed by SHFE
Last Trading Day The 15th day of the delivery month (If it is a public holiday, the Last Trading Day shall be the 1st business day after the holiday.)
Delivery Period 5 consecutive business days after the last trading day
Grade and Quality Specifications Standard Product: Prescribed in the National Standard of GB/T 4135-2002 IC-Ag99.99, no less than 99.99% fineness.
Delivery Venue Certified Delivery Warehouse of the SHFE
Minimum Trade Margin 4% of contract value
Settlement Type Physical Delivery
Minimum Warranted Delivery Size 30 kilograms.
Contract Symbol AG
Exchange SHFE
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