| Exchange |
Dalian Commodity Exchange (DCE) |
| Type |
Commodity |
| Underlying |
RBD Palm Olein |
| Currency |
Renminbi (RMB) |
| Contract Size |
10 Metric Tonnes |
| Tick Size |
2.0 |
| Tick Value |
20 RMB |
| Pre-Open 1 |
|
| Trading Session 1 |
09:00- 11:30 |
| Pre-Open 2 |
|
| Trading Session 2 |
13:30 – 15:00 |
| Pre-Open T+1 |
No T+1 Session |
| Trading Session T+1 |
No T+1 Session |
| Last Trading Day |
10th Trading Day of the Delivery Month |
| Last Delivery Day |
2nd Day after the Last Trading Day of the Delivery Month |
| Final Settlement Price |
|
| Settlement Type |
Physical |
| Deliverable Grade |
|
| Characteristics |
| Item |
Quality Specification |
| Refractive Index (40 degrees C) |
1.458-1.460 |
| Gravity (40 degrees C/25 degrees C water) |
0.902-0.909 |
| Iodine value (gI/100g) ≥ |
56 |
| Saponification Value(mgKOH/g) |
188 – 207 |
| Unsaponifiable Matter(%)≤ |
1.0 |
|
| Delivery Location |
The Warehouses Appointed by the Dalian Commodity Exchange |
| Contract Months |
Every month of the year January to December |
| First Trading Day |
|
| Position Limit |
|
| Initial Margin (outright) |
5% of the Contract Value |
| Maintenance Margin (outright) |
5% of the Contract Value |
| Clearinghouse Margin (outright) |
|
| Listed Spread |
No |
| Initial Margin (spread) |
|
| Maintenance Margin (spread) |
|
| Clearinghouse Margin (spread) |
|
| Daily Price Limit |
4% of Last Settlement Price |
| Options |
No |
| Exchange Symbol |
P |
| Reuters Symbol |
|
| Bloomberg Symbol |
|
| ISIN Symbol |
|
| SEDOL |
|
| Notes |
|