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 |