CONTRACT SPECIFICATION
Traded Commodity | Hot Rolled Steel Coil FOB China LME |
Commodity Code | LHC |
Contract Size | 10 tons / lot |
Quotation Unit | USD / ton |
Trading Hours (GMT+7) | Monday – Friday: 07:00 - 01:00 (the next day) |
Price Increment | 0.50 USD / ton |
Expiration Months | As regulated by MXV |
First Noticed Day | As regulated by MXV |
Last Trading Day | Last working day of the expiration month |
Margin | As regulated by MXV |
| Position Limits | As regulated by MXV |
| Price Fluctuation Limit | As regulated by MXV |
| Payment Method | No physical delivery |
| Quality Standards | Standards are detailed below |
Quality Standards
As regulated by the product standards for Hot Rolled Steel Coil FOB China traded on the London Metal Exchange.
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