| Date of Listing |
July 13, 2009 |
| Underlying Product |
Tapioca Chip (TC) |
| Deliverable Grade |
Deliverable grade must meet the following requirements:
Starch not less than 65%
Fiber not exceeding 5%
Moisture not exceeding 14%
Sand, Silica, and other Substance not exceeding 3%
Normal color and odor
In good condition (not spoiled or moldy)
|
| Trading Unit |
50,000 Kg. or 50 metric tonnes / one trading unit. |
| Delivery Unit |
150,000 Kg. or 150 metric tonnes / one delivery unit |
| Trading Method |
Computerized Continuous Trading |
| Quotation |
THB/Kg. (bulk) |
| Minimum price Fluctuation |
0.01 THB/Kg. |
| Daily Price Fluctuation Limit |
0.15 THB/Kg. (effective on February 1, 2010)
- (The AFET may change the amount of price limit according to the range of Reference Notional Value)
- Latest Rate |
| Speculative Position Limit
(for all long/short position combined) |
Not greater than 60 contracts in delivery month
Not greater than 600 contracts in all contract months combined
(A hedger may ask for permission to hold more than this limit) |
| Initial Customer Margin |
Latest Rate |
| Trading Hours |
10.00 to 15.45 |
| Contract Months |
6 months from the nearest contract month |
| Last Trading Day |
The tenth business day of the delivery month |
| Last Delivery Day |
The last business day of the delivery month |
| Both Options Conditions |
Buyers and Sellers shall submit their intention form for delivery to the Exchange between 8.30 - 12.00 hrs. of the business day after the last trading day.
For buyers and sellers who do not submit their intention form for delivery within the above period 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-days average price of the mid-interval value of Tapioca Chip traded price announced by the Department of Internal Trade (DIT) in Ayutthaya province. |
| Delivery Terms and Conditions |
Warehouse designated by the buyer within the Ayuthaya province |
