Underlying Product

Aluminum

Trading Unit

5 ton/lot

Quotation Unit

Yuan (RMB)/ton

Tick Size

10 Yuan/ton

Daily Price Limit

Within range of 4% 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 ingredients≥99.7%

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