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Lead Contract Specifications
Updated on:08-12-2013
Product | Lead |
Contract Size | 5 tons /lot |
Price Quotation | (RMB) Yuan/ton |
Minimum Price Fluctuation | 5Yuan/ton |
Daily Price Limit | Within 4% 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) |
Last Trading Day | The 15th day of the delivery month (If it is a public holiday, the Last Trading Day shall be the 1stbusiness day after the holiday.) |
Delivery Period | 5 consecutive business days after the last trading day |
Grade and Quality Specifications | Standard Product: lead ingot withstandards prescribed in the National Standard of GB/T 469-2005 Pb99.994 and finenessno less than 99.994%. |
Delivery Venue | Certified Delivery Warehouse of the SHFE |
Minimum Trade Margin | 5% of contract value |
Settlement Type | Physical Delivery |
Minimum Warranted Delivery Size | 25 tons. |
Contract Symbol | PB |
Exchange | SHFE |
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