ROUGH RICE
Trading Screen Product Name | CBOT Rough Rice |
Commodity Code | ZRE |
Contract Size | 2 000 cwt (~ 91 metric tons) / lot |
Price Quotation | cent / cwt |
Trading Hours | Monday - Friday:• Session 1: 07:00 - 09:00• Session 2: 20:30 - 01:20 (the next day) |
Minimum Price Fluctuation | 0.25 cent / cwt |
Contract Series | January, March, May, July, September, and November |
Delivery Registration Day | The fifth business day prior to the First Notice Day |
First Notice Day | The last business day of the month prior to the contract month |
Last Trading Day | The business day prior to the 15th calendar day of the contract month |
Margin | As MXV required |
Position Limit | As MXV required |
Price Limit | Daily Price Limit: $1.10/cwt Expanded Price Limit: $1.65/cwt |
Settlement Method | Deliverable |
Quality Standards | No. 1, No. 2 Rough Rice |