Dalian Commodity Exchange: Notice On Revising Egg Contract And Related Rules

To further adapt to the spot goods and improve the capacity of the futures market for serving the real economy, after being discussed and approved by the Board and reported to China Securities Regulatory Commission, amendments have been made by DCE to four contract rules including the “Dalian Commodity Exchange Egg Futures Contract”, the “Detailed Rules of Dalian Commodity Exchange for Delivery”, the “Detailed Rules of Dalian Commodity Exchange for Settlement” and the “Measures of Dalian Commodity Exchange for Management of Standard Warehouse Receipts”. The amendments mainly include adding choice of delivery every day in the whole month, introducing new physical delivery method, shortening the validity period of warehouse receipt, adding contract months, postponing the last trading day, adjusting the calculation method for the one-off delivery settlement price of egg, revising the rules related to the delivery quality standards, improving the procedures for dealing with quality disputes, and optimizing the schemes for dealing with epidemics, etc.

 

The amendments to the contract and rules for the egg futures are hereby issued, and the amended contract and rules shall come into effect starting from JD 1703 Contract.