Mini-Polypropylene Futures

Underlying

Underlying

Trading Unit ( 1 lot)

Trading Unit ( 1 lot)

Quality Specification

General Purpose Fibre (raffia) extrusion grade

Parameter Test Method Values
Melt Flow Rate(g/10Min 230C/2.16 kg) ISO 1133 2.5-4.0
Tensile Yield Stress ISO 527 29 Minimum
FDA Status 21CFR 177.1520 (c) 1.1 Compliant
EU Food Contact Status EU Directive 2002/72/EC and its amendments Compliant

dubai World Central or Jebel Ali Free Trade Zone Delivery
Material must be free from contaminants and consistent with industry best practice
Material must be free flowing clean cut pellets suitable for use in both volumetric and gravimetric feeders
Without Additives other than the producer’s standard anti-oxidant and acid neutralizer package

Price Quote

USD per MT

Minimum Tick Size

USD 1.00

Minimum Tick Value

USD 5.00

Price Basis

In warehouse (INWH), Duty unpaid at DGCX Approved Warehouse Delivery at Seller’s option

Delivery Months

Up to 12 calendar months at any time

Trading Days

Monday through Friday

Trading Hours

0700- 1500hours Dubai Time

Last Day of Trading

0700- 1500hours Dubai Time

New Contract Listing

First Trading Day after the Last Trading Day

Wholesale Trades

EFS, EFP, Block trade facilities available with minimum permitted block size of 50 lots

Time Limit for EFP/EFS/Block Trade Registration

Up to 15 minutes after cessation of trading on any Trading Day

New Contract Listing

Business Day immediately following the Last Trading Day

Note 1*: There will be no limits on intra-day price movements, however to restrict data-entry errors the system will not allow entry of orders having prices higher or lower than US$50 as compared to the Previous Close Price. Exchange shall relax the intra-day price range for the prices of the contract approaching the US$50 limit

Leave a Reply

Your email address will not be published. Required fields are marked *

Post comment