Product |
Offset Paper |
Contract Size |
40 metric tons/lot |
Price Quotation |
RMB yuan/metric ton |
Minimum Price Fluctuation |
2 yuan/metric ton |
Daily Price Limit |
Within 4% of the settlement price of the preceding trading day |
Listed Contracts |
Monthly contract for the most recent 12 months |
Trading Hours |
9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m., and other hours specified by SHFE |
Last Trading Day |
15th day of the contract month (postponed accordingly if it is a legal holiday in China and subject to separate adjustment and announcement by SHFE if it falls in the Spring Festival month or another month specially designated by SHFE) |
Delivery Period |
Two consecutive business days after the last trading day |
Grand and Quality Specifications |
Offset paper with a grammage of 65 g/m2, 70 g/m2, 75 g/m2, or 80 g/m2, with quality specifications meeting or exceeding the “Premier” or “Qualified” grade under GB/T 30130-2023 “Offset Paper” (see appendix for details) |
Delivery Venue |
Delivery storage facilities of the Exchange |
Minimum Trading Margin |
5% of contract value |
Settlement Type |
Physical delivery |
Delivery Unit |
40 metric tons |
Contract Symbol |
OP |
Listing Exchange |
Shanghai Futures Exchange (SHFE) |