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  • Ag99.9

  • Silver

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  • 15 kg/lot

    Trading Unit

Quotation Unit yuan/kilogram
Minimum Price Fluctuation 1 yuan/kg
Daily Price Limit 10% above or below the closing price of the previous trading day
Minimum Quotation Size 1 lot
Maximum Quotation Size 1000 lots
Trading Hours Day Session: 9:00 -15:30; Night Session: 20:00 -02:30
Settlement method Delivery-versus-payment
Deliverable Bullions 15kg silver ingot; Fineness no less than 99.9%
Delivery Mode Physical
Time of Delivery T+2
Quality Standards Standard physical bullions produced by SGE certified silver producers and meet GB/T4135-2002 quality standards, or produced by qualified producers certified by London Bullion Market Association (LBMA).
Delivery Location SGE certified vaults
Transaction Fee 0.02% of Settlement Amount/ Note: Margin Ratio--20% of the contract value; Default Penalty--20%
Delivery Fee 1 yuan/kg
Listing Date October 30th, 2006

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