SSEFC China Coastal Coal Shipping Capacity Trading ContractJuly 27th, 2016
FiledJuly 27th, 2016Trading Symbol QH Subject Matter of Contract China Coastal Coal Shipping Capacity Contract Unit 1000 tons Currency Yuan (CNY)/ tons Minimum Change in Pricing 0.01 Yuan / tons Maximum Daily Price Fluctuation Limit ±4% of the settlement price of previous trading day Listed Contract Months The next 3 consecutive odd months Trading Time 9:00-10:15, 10:30-11:30, 13:30-15:00 Minimum Percentage of Deposit 10% Maximum Amount of Single Trade 1,000,000 tons Maximum Single Month Contract Amount per Trader 9,000,000 tons Last Trading Day The 5th business day of the month in which the contract expires (as per the listing announcement of the contract) Deadline for Settlement 7 days following the Last Trading Day (as per the listing announcement of the contract) Settlement Method Vessel capacity settlement Transaction Processing Fee 10 Yuan / lot (to be paid by one party)