Today, Early Delivery of the February 2012 contract month for rice futures was concluded at Tokyo Grain Exchange Inc. as follows:
If there is more than one party desiring to make delivery, the Exchange will determine the party by drawing lots as stipulated in the Rules.
Variety: #1 grade 2011 crop Koshihikari rice grown in Nakadoori, Fukushima Prefecture
Delivery Date: February 3, 2012
Delivery Price: JPY13,920
Number of Deliveries: 5 delivery units (60 tons)
Party making delivery | Number of concluding delivery units |
Party taking deliver |
OKAYASU SHOJI Co., Ltd. | 4(48tons) | OKAYASU SHOJI Co., Ltd |
OKAYASU SHOJI Co., Ltd. | 1 (12 tons) | OKAYASU SHOJI Co., Ltd |
(Early delivery)
Early delivery is delivery that is concluded prior to the last trading day for participants that desire to receive the cash commodity as early as possible or for participants that desire to convert their commodity to cash.