Home » Products » Natural Rubber » Contract » content

Natural Rubber Futures Contract Specifications (Revised)

Product

Natural Rubber

Contract Size

10 metric tons/lot

Price Quotation

Yuan (RMB)/metric ton

Minimum Price Fluctuation

5 Yuan/metric ton

Daily Price Limit

Within ±3% of the settlement price of the preceding trading day

Listed Contracts

January, March, April, May, June, July, August, September, October, and November

Trading Hours

9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m., and other hours specified by the Exchange (Beijing Time)

Last Trading Day

15th day of the contract month (postponed accordingly if it is a legal holiday in China and subject to separate adjustment and announcement by the Exchange if it falls in the Spring Festival month or any other month specially designated by the Exchange)

Delivery Period

Three consecutive business days after the last trading day

Grade and Quality Specifications

Standard products: 1. Domestic SCR WF natural rubber with a quality specification as prescribed in National Standard GB/T 8081-2018.

2. Imported #3 ribbed smoked sheets (RSS3) with a quality specification as prescribed in the International Standards of Quality and Packing for Natural Rubber Grades (The Green Book) (1979 Edition).

Delivery Venue

Delivery warehouses designated by the Exchange

Minimum Trading Margin

5% of the contract value

Settlement Type

Physical delivery

Delivery Unit

10 metric tons

Contract Symbol

RU

Listing Exchange

Shanghai Futures Exchange

Attachment