CBOT Rough Rice

Trading Screen Product Name	CBOT Rough Rice
Commodity Code	ZRE
Contract Size	2 000 cwt (~ 91 metric tons) / lot
Price Quotation	cent / cwt
Trading Hours	Monday – Friday • Session 1: 07:00 A.M – 09:00 A.M • Session 2: 08:30 P.M – 01:20 A.M (the next day)
Minimum Price Fluctuation	0.5 cent / cwt
Contract Series	January, March, May, July, September, and November
Delivery Registration Day	The fifth business day prior to the First Notice Day
First Notice Day	The last business day of the month prior to the contract month.
Last Trading Day	The business day prior to the 15th calendar day of the contract month.
Margin	As MXV required
Position Limit	As MXV required
Price Limit	Daily Price Limit	Expanded Price Limit
	$1.20/cwt	$1.80/cwt
Settlement Method	Deliverable
Quality Standards	NNo. 1, No. 2 Rough Rice

Contact
0936 055 495

In accordance with the regulations of Rough Rice traded on Chicago Board of Trade (CBOT).

U.S. No. 2 or better long grain rough rice with a total milling yield of not less than 65% including head rice of not less than 48%. Premiums and discounts are provided for each percent of head rice over or below 55%, and for each percent of broken rice over or below 15%. No heat-damaged kernels are permitted in a 500-gram sample and no stained kernels are permitted in a 500-gram sample. A maximum of 75 lightly discolored kernels are permitted in a 500-gram sample.

Contact
0936 055 495

CONTRACT	CONTRACT	FOREIGN EXCHANGE	FIRST NOTICE DAY	LAST TRADING DAY
Rough Rice 1/2023	ZREF23	CBOT	30/12/2022	13/01/2023
Rough Rice 3/2023	ZREH23	CBOT	28/02/2023	14/03/2023
Rough Rice 5/2023	ZREK23	CBOT	28/04/2023	12/05/2023
Rough Rice 7/2023	ZREN23	CBOT	30/06/2023	14/07/2023
Rough Rice 9/2023	ZREU23	CBOT	31/08/2023	14/09/2023
Rough Rice 11/2023	ZREX23	CBOT	31/10/2023	14/11/2023

Contact
0936 055 495

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