Global Rubber Prices Live Update
UPDATE RSS3 RUBBER PRICES FROM TOKYO COMMODITY EXCHANGE (TOCOM)
Contract Specifications:
| Delivery: | Physically Delivered Futures Transaction |
| Standard: | Ribbed Smoked Sheet (RSS) No.3 |
| Trading Method: | Computerized Individual Auction |
| Contract Months: | Six consecutive months (On the day when a New Contract Month is generated, there will be six consecutive months starting from the month which the said day belongs to) |
| Last Trading Day: | Day session on the fourth business day preceding to the Delivery Day |
| First Trading Day of a New Contract Month: | Day session on a business day following the Last Trading Day of the current contract month. |
| Delivery Day: | The last day of business each month except December (the 28th for December). If the day is a holiday or a half-day holiday, Delivery Day is advanced. |
| Deliverable Grades: | RSS No.3 or 4 of International Standard Specifications, deliverable within a year of date of customs clearance |
| Delivery Points: | Specified warehouses (warehouses located in Tokyo, Kanagawa, Chiba, Ibaragi and Aichi) |
| Method of Delivery: | The Party Making Delivery submits to the Exchange a warehouse receipt, issued by a TOCOM-designated warehouse, for the delivery goods. The Party Taking Delivery submits to the Exchange the Delivery Value based on the delivery price. |
| Trading Hours: | Day Session 9:00 a.m. to 3:30 p.m. (JST) Night Session 5:00 p.m. to 7:00 p.m. (JST) |
| Delivery Unit: | 5,000 kg (5 tonnes) |
| Price Increment: | JPY 0.1 per kg |
| Circuit Breaker Trigger Level: | The CB trigger level is to be set everyday at the start of a clearing period (i.e.the start of a night session at 17:00) and is based on the settlement price of the previous clearing periond (or the settlement price of the preceding contract month, in case of a new contract month) |
| Margin: | As SPAN Margining System started from January 4, 2011, Japan Commodity Clearing House (JCCH) will set its parameters based on historical price fluctuation. Please see the website of Japan Commodity Clearing House (JCCH) for more details. |
| Customer Position Limit (for each long/short position): | Customers excluding commercials (*1) and investment funds: Current contract month: 200 contracts 2nd contract month: 600 contracts All contract months combined: 10,000 contractsCommercials and investment funds: Current contract month: 300 contracts 2nd contract month: 600 contracts All contract months combined: 10,000 contracts*1: as defined by the Commodity Exchange Act and the Articles of Incorporation (“Those who, as their line of business, engage in the purchase, sale, intermediary of trades, brokerage or agency activity, production, processing or use of Listed Commodity Component Products (…)” |
| Ticker Symbol: | TOCOM Internal Code: 81 Reuters Contract Detail: TCE/JRU Bloomberg Tickers: JNA |
UPDATE TSR20 RUBBER PRICES FROM TOKYO COMMODITY EXCHANGE (TOCOM)
RUBBER PRICE FROM SHANGHAI FUTURES EXCHANGE (SHFE), CHINA ((DELAYED QUOTE)
Natural Rubber Contract Specifications:
| Underlying Product | Natural Rubber |
| Trading Unit | 5 ton/lot |
| Quotation Unit | Yuan (RMB)/ton |
| Tick Size | 5 Yuan/ton |
| Daily Price Limit | Within range of 4% above or below the settlement price of the previous trading day |
| Contract Months | Jan.,Mar.,Apr.,May.,Jun.,Jul.,Aug.,Sep.,Oct.,Nov. |
| 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: 1.Domestic goods,with the qualification of 1st grade, SCR5, GB8081-8089-87 2.Imported goods,RSS3,International Quality And Package Standard of Rubber(1979) |
| Delivery Sites | SHFE approved warehouses |
| Minimum Transaction Margin | 10% of contract value |
| Transaction Fee | Equal or below 0.015% of transaction value (risk reserve included) |
| Delivery Method | Physical Delivery |
| Symbol | RU |
| Listed Bourse | SHFE |