RAPESEED MEAL FUTURES

Rapeseed Meal Futures

Rapeseed Meal Futures
Quotité de négociation

Thirty tonnes

Delivery period

Loading can commence on any business day from the tender day up to five business days before the end of the specified delivery month

Delivery months

September, December, March, June such than ten delivery months are available for trading

Echelon minimum de cotation (tick et valeur)

25 euro cents per tonne (€7.5)

Date échéance

The last day of the month preceding the delivery month. If it is a non-working day, the first trading day prior to this day.

Dernière mise à jour
Ven, 14/11/2014
Trading Hours

10:45 – 18:30

Système (Plate-forme) de négociation

Universal Trading Platform

Full contract specification and related documents
Algorithme

Central order book applies a price-time trading algorithm, with priority given to the first order at the best price

Négociation hors carnet

Against Actuals, Exchange for Swaps

Chambre de compensation

LCH SA

Notice day/Tender day

First trading day following the last trading day

Origins tenderable

Any origin

Price basis

Euro and euro cents per tonne FOB barge at one of the following designated ports: Antwerp and Ghent in Belgium, Neuss, Spyck, Mainz and Mannheim in Germany, Rotterdam in The Netherlands.

Quality

Rapeseed extraction meal from non GM, double zero rapeseed varieties as per EU regulations with sound, fair and merchantable quality, and having the following specifications:

- protein and fat combined content 34.5%
- water content basis 12.5% and maximum 13%

Delivery limits are set by LCH SA and are published 80 days before the last trading day and are applicable for 12 days before the last trading day of the delivery month. Please refer to the LCH SA notices on the website www.lch.com/risk_management/sa/risk_notices