Name of the transaction
PP modified wrapping tape 0.07 * 25
Trading unit
1 Dun / hand
Quotation unit
Yuan (RMB) / t
The smallest unit of change
10 Yuan
Daily price limits
No more than the previous day's settlement price of ± 5%
Term of Contract
Continuous trading
Trading Hours (GMT)
Morning 9 : 00-11 : 30 , lunch 13 : 30-16 : 00 , (night market 19 : 30-22 : 00 )
Settlement reporting time (Beijing time)
Each trading day 16 : 00 ~ 16 : 45
Quality Standard
Trading products: thickness of 0.07mm , a width of25mm cable with modified polypropylene ( CPP ) band.See the specific parameters of the trading center announcement.
Settlement location
The trading center specifies the warehouse
Minimum settlement unit
1 ton (allow ± 1% of overflow short tons, according to the actual count)
Performance bond
Not less than the value of the contract 20%
Transaction Center charges a transaction fee
Not more than 12 Yuan / t
Settlement fee
Settlement price is not higher than 0.5% / tonne
Settlement method
Physical delivery, payment for cash and bank acceptance bills to pay. Details see the relevant transaction center announcement.
Deferred settlement payment rate
1 ‰ / day
Commodity code
CPP0.07 * 25
Listed trading center
Far East Material Trading Center Co
Description: Dealers of both sides of the transaction in the Far East Material Trading Center Co., Ltd. electronic trading platform to reach a deal, the content will form the main terms of the electronic trading contract.
Far East Material Trading Center Co
April 30, 2016
Copyright material trading center far east co., LTD.
All Rights Researved. Sue ICP for beian.miit.gov.cn # 16024348-1 without the written authorization, prohibiting reproduced.
Address: China yixing city of jiangsu province in the far east avenue 29 on the third floorZip code: 214257