Product
Soybean Meal
Trading Unit
10 MT/Lot
Price Quote Unit
CNY/MT
Minimum Tick Size
1 CNY/MT
Daily Price Limit Range
4% of last settlement price
Contract Months
Jan, Mar, May, Jul, Aug, Sep, Nov,
Dec
Trading Hours
9:00 - 11:30 a.m., 1:30 - 3:00
p.m., Beijing Time, Monday to Friday, and other trading hours announced by
DCE
Last Trading Day
The 10th trading day of the
contract month
Last Delivery Day
The 3rd trading day after the last
trading day
Deliverable Grades
Soybean Meal Delivery Quality
Standard of DCE (F/DCE M004-2020)
Delivery Point
The delivery warehouses of soybean
meal designated by DCE
Minimum Trading Margin
5% of the contract value
Delivery Form
Physical delivery
Ticker Symbol
M
Listed Exchange
DCE
Note: DCE may adjust the daily price limit ranges and the trading margins of each contract according to market conditions. For details of current trading parameters of each contract, please see below website:
http://www.dce.com.cn/DCE/TradingClearing/Business%20Parameters/Trading%20Parameters/index.html