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PTA Futures Contract
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Product
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Pure Terephthalic Acid
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Contract Size
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5 tons per lot
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Price Quotation
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(RMB) Yuan per ton
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Minimum Price Fluctuation
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2 Yuan per ton
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Daily Price Limits
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Within 4% above or below the settlement price of the previous trading day or other relevant regulations of Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange
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Minimum Trading Margin
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6% of contract value
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Contract Months
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Recent twelve consecutive months
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Trading Hours
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Monday to Friday(BJT, except national legal holidays)
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9:00-11:30am, 1:30-3:00pm
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and other trading hours as prescribed by the Exchange
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Last Trading Day
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10th trading day of the delivery month
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Last Delivery Day
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12th trading day of the delivery month
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Deliverable Grades
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High class pure terephthalic acid conforming to?SH/T 1612.1-2005; Stipulated by Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange
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Delivery Location
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Designated delivery warehouses of ZCE
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Settlement Type
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Physical delivery
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Product Symbol
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TA
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Exchange
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Zhengzhou Commodity Exchange
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