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CONTRACT SPECIFICATION
Traded Commodity | Tin LME |
Commodity Code | LTIZ / SND |
Contract Size | 5 tons / lot (± 2%) |
Quotation Unit | USD / ton |
Contract Type | 3 months |
Contract Maturity | Listed daily |
Trading Hours (GMT+7) | Monday – Friday: 07:00 - 01:00 (the next day) |
Price Increment | 5 USD / ton |
Expiration Months | 3 months from the contract listing date |
Last Trading Day | The trading day prior to the expiration date |
Margin | As regulated by MXV from time to time. |
Position Limits | As regulated by MXV from time to time. |
Price Fluctuation Limit | 15% of the closing price |
Payment Method | Physical delivery |
Quality Standards | Standards are detailed below |
Quality Standards
Detailed below in accordance with the Tin product traded on the London Metal Exchange (LME).
Refined tin with a minimum purity of 99.85% in accordance with BS EN 610: 1996 standard.
Tin is delivered in the form of ingots, each weighing no less than 12 kg and no more than 30 kg.
Tin delivered under the contract must be from companies approved by the LME.
BS EN 610: 1996 Standard
Element | Composition % | |
Tin | 99.85 | Minimum |
Aluminum | 0.0010 | Maximum |
Arsenic | 0.030 | |
Bismuth | 0.030 | |
Cadmium | 0.0010 | |
Copper | 0.050 | |
Iron | 0.010 | |
Lead | 0.050 | |
Antimony | 0.050 | |
Zionc | 0.0010 | |
Total | 0.150 |