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Aluminum Contract Specifications
Underlying Product Aluminum
Trading Unit
5 ton/lot
Quotation Unit
Yuan (RMB)/ton
Tick Size
10 Yuan/ton
Daily Price Limit
Within range of 3% above or below the settlement price of the previous trading day
Contract Months
January to December
Trading Hours
9:00 am to 11:30 am, 1:30 pm to 3:00 pm
Last Trading Day
The 15th day of the spot month (postponed if legal holidays)
Delivery Duration
16th to 20th day of the spot month (postponed if legal holidays)
Deliverable Grades
Standard goods:Aluminum Ingot, GB/T1196-93,AL99.70,main ingredients99.7%
Substitutions:The LME Registered Brand,P1020A
Delivery Sites
SHFE approved warehouses
Minimum Transaction Margin
5% of contract value
Transaction Fee
Equal or below 0.02% of transaction value (risk reserve included)
Delivery Method
Physical Delivery
Symbol AL
Listed Bourse
SHFE
 
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