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Notice on Soliciting Public Opinions on Polished Round-grained Rice Futures Contract

2019-07-05
According to DCE, in order to fully listen to market opinions, and promote stable operation and function of the market. The Polished Round-grained Rice Futures Contract (Draft for Comments), Measures for Management of Standard Warehouse Receipt of DCE (Amendment for Comments), Measures for the Designated Delivery Warehouses Administration of DCE (Amendment for Comments), Measures for Risk Management of DCE (Amendment for Comments), Measures for Hedging Management of DCE (Amendment for Comments) and Detailed Rules of Polished Round-grained Rice Futures of DCE (Draft for Comments) are published and hereby request public comments.
 
Please write, fax or e-mail the suggestions or advices to DCE before July 15, 2019. The detail contact information are as follows:
Contacts: Hao Ding 0411-84808766, Xiuran Yue 0411-84808479
Address: Futures Building, 129 Huizhan Road, Dalian City
Postal code: 116023
Fax: 0411-84808880
 
Appendix 1: Polished Round-grained Rice Futures Contract (Draft for Comments)
Appendix 2: Measures for Management of Standard Warehouse Receipt of DCE (Amendment for Comments)
Appendix 3: Measures for the Designated Delivery Warehouses Administration of DCE (Amendment for Comments)
Appendix 4: Measures for Risk Management of DCE (Amendment for Comments)
Appendix 5: Measures for Hedging Management of DCE (Amendment for Comments)
Appendix 6: Detailed Rules of Polished Round-grained Rice Futures of DCE (Draft for Comments)


Appendix 1
Contract Specification of Polished Round-grained Rice Futures (Soliciting public comments)
Product Polished Round-grained Rice
Trading Unit 10 Ton/lot
Price Quote Yuan (RMB)/Ton
Tick Size 1 Yuan/Ton
Daily Price Limit 4% of last settlement price
Contract Months Monthly contracts (12 contracts per year)
Trading Hours 9:00 - 11:30 am, 13:30 - 15:00 pm Beijing Time, Monday - Friday, and other trading hours announced by DCE
Last Trading Day The 10th trading day of the delivery month
Last Delivery Day 3rd trading day after the last trading day
Deliverable Grades DCE Polished Round-grained Rice Delivery Quality Standard (F/DCE MSR001-2019)
Delivery Location The delivery warehouses designated by DCE
Minimum Trading Margin 5% of the contract value
Delivery Form Physical delivery
Ticker Symbol MSR
Exchange Dalian Commodity Exchange