| Date of Listing |
July 14th, 2008 |
| Underlying Product |
Thai Hom Mali Rice 100% Grade B |
| Deliverable Grade |
Thai Hom Mali Rice 100% Grade B as per the Standard of Thai Hom Mali Rice of The Notification of the Ministry of Commerce * |
| Trading Unit |
15,000 Kg. or 15 metric tonnes / one trading unit. |
| Delivery Unit |
15,000 Kg. or 15 metric tonnes / one delivery unit. |
| Trading Method |
Computerized Continuous Trading |
| Quotation |
THB/Kg. |
| Minimum price Fluctuation |
0.01 THB/Kg. |
| Daily Price Fluctuation Limit |
1.10 THB/Kg. (effective on October 1, 2008)
- (Subject to change according the Rules and Regulation of the Exchange)
Latest Rate |
| Speculative Position Limit |
Not greater than 600 contracts for delivery month (each leg)
Not greater than 3,000 contracts in all contract months combined (each leg)
(A hedger may ask for permission to hold more than such limits) |
| Trading Hours |
10:00 to 15:45 |
| Contract Months |
Eight contract month |
| Last Trading Day |
The tenth business day of the delivery month |
| Both Options Logic |
- Buyers and sellers shall submit their intention for delivery to the Exchange between 08:30-12:00. of the business day after the Last Trading Day
- For buyers and sellers who did not submit their intention for delivery or whose intentions are not matched, the Exchange will close out the positions (by cash settlement) as per the final settlement price. |
| Final Settlement Price |
A 3-day average of the mid-interval value of Thai Hom Mali Rice 100% Grade B Price plus the quality improvement premium of 0.30 baht/kg. |
| Last Delivery Day |
The last business day of the delivery month |
| Delivery Terms and Conditions |
Buyer's designated warehouse or factory in Bangkok
(Buyer's designated warehouse or factory in Ayutthaya, Nakhon Pathom, Nonthaburi, Samut Sakhon, Samut Prakan, Pathum Thani, Nakhon Nayok, or Chachoengsao Provinces without distance premium and discount.) |
