On Apr.15, China Securities Regulatory Commission approved Dalian Commodity Exchange to launch Polyvinyl Chloride (PVC) futures.
PVC Contrat Specification (Draft)
| Product | Polyvinyl Chloride (PVC) |
| Trading Unit | 5MT/Contract |
| Price Quote | RMB Yuan/MT |
| Tick Size | 5 Yuan/MT |
| Daily Price Limit | 4% of Last Settlement Price |
| Contract Months | Monthly contracts(12 contracts in a year) |
| Trading Hours | 9:00 - 11:30 am., 1:30 - 3:00 pm. Beijing Time, Monday - Friday |
| Last Trading Day | 10th Trading Day of the Delivery Month |
| Last Delivery Day | 2nd Day after the Last Trading Day of the Delivery Month |
| Deliverable Grades | DCE LLDPE Delivery Quality Standard |
| Delivery Location | The Warehouses Appointed by DCE |
| Minimum Trading Margin | 5% of the Contract Value |
| Trading Fee | No more than 6 Yuan/Contract |
| Delivery Form | Physical Delivery |
| Ticker Symbol | V |
