Products and Services

TSR 20

INE’s TSR20 Rubber Futures was listed for trading in August 2019, the second of INE’s internationalised futures to be launched.

INE TSR20 Rubber Futures Contract Specifications

Product TSR 20
Contract Size 10 metric tons/lot
Price Quotation (RMB) Yuan/metric ton(no tax or duty included in the quotation)
Minimum Price Fluctuation 5 Yuan/metric ton
Daily Price Limits ±5% from the settlement price of the previous trading day
Delivery Months January, February, March, April, May, June, July, August, September, October, November, and December
Trading Hours  Please refer to Trading Holidays & Hours
Last Trading Day The 15th day of the delivery month (postponed accordingly if it is a national holiday or weekend; the Shanghai International Energy Exchange is entitled to adjust the last trading day in accordance with the national holidays or weekends.)
Delivery Period Five (5) consecutive trading days after the last trading day
Grades and Quality Specifications Refer to Appendix for detailed quality standards
Delivery Venues Delivery Storage Facilities designated by the Shanghai International Energy Exchange
Minimum Trading Margin 7% of contract value
Settlement Type Physical delivery
Product Symbol NR
Listing Exchange Shanghai International Energy Exchange

 

Delivery Process

Standard Delivery Procedure involves a five-day delivery procedure.

Delivery Fees

The buyer and the seller in a physical delivery shall each pay a delivery fee of RMB 4 yuan/ton to the Exchange. The Exchange will charge delivery fees based on each standard warrant by weight in name.

*For most accurate and up-to-date information, please refer to the respective exchange’s website.