Methanol futures are set to be launched soon

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This post was last edited by Rita888 on 2011-10-24 at 12:49. Methanol futures will be listed on the Zhengzhou Commodity Exchange on October 28th. The terms of the contract are as follows: Methanol futures contract on the Zhengzhou Commodity Exchange (draft). Trading commodity: Methanol. Trading unit: 50 tons per contract. Quotation unit: Yuan (RMB) per ton. Minimum price fluctuation: 1 yuan per ton. Maximum daily price fluctuation limit: Not more than ±4% of the settlement price of the previous trading day, in accordance with the relevant provisions of the “Zhengzhou Commodity Exchange Futures Trading Risk Control Management Measures”. Minimum trading margin: 6% of the contract value. Contract delivery months: January to December. Trading hours: Monday to Friday (excluding legal holidays according to Beijing time), from 9:00–11:30 in the morning and from 1:30–3:00 in the afternoon. Last trading day: The 10th trading day of the contract’s delivery month. Final delivery date: The 12th trading day of the contract’s delivery month. Delivery grade: As specified in the “Zhengzhou Commodity Exchange Futures Delivery Rules”. Delivery location: The delivery location designated by the exchange. Delivery method: Physical delivery. Trading code: ME. Exchange where it is listed: Zhengzhou Commodity Exchange. I work in the futures industry and am willing to provide you with relevant consultation and assistance. Q283177792 Phone: 13916141531