Announcement on Listing of Urea
Date: 23 June 2014
Tianfu Mercantile Exchange
Members and dealers :
It is decided by TME that starting from 27 June 2014, trading can be conducted on urea, with details as follows:
I. Commodity for Listing
Commodity Name : Urea
Commodity Code : CN
National Standard : GB 2440-2001
Brand : Yihua, Yulong, Chuhong, Furuide
Norm : 40kg/Bag or 50Kg/bag
II. Trading Type
Listing
III. Date of Listing
(a) Date of Listing
27 June 2014
(b) Trading Hours
AM: 9:00-11:30 PM: 13:30-15:30
The days TME shall be open for business are every Monday through Friday (with exceptions of statutory holidays)
IV. Delivery and Settlement Handling
AM: 9:00-11:30 PM: 13:30-17:30
The days TME shall be open for business are every Monday through Friday (with exceptions of statutory holidays)
V. Consulting Service
Dealers in need of detailed information with regard to TME’s trading rules and relevant operation process may refer to our website (www.chinatme.com), or approach Chemicals and Energy Department at your convenience.
Person to contact : Mr..Wang, Chemical & Energy Department ,
Tel No.:0086-28-65301698
E-mail：Wangbc@chinatme.com
Parameter Table of Urea (Physical Commodity)
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Category
|
Chemical product
|
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Commodity Name
|
Urea
|
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Commodity Code
|
CN
|
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Commodity
Transaction
Scope
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Quality Standard
|
National Standard:GB2440-2001
|
|
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Norm
|
40kg,or 50kg bag
|
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Manufacturer/Brand
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Name of Manufacturer |
Brand
|
|
|
Hubei Yihua Chemical Co Ltd |
Yihua
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Xinjiang Yihua Chemical Co Ltd |
Yulong
|
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Hubei Zaoyang Chemical Industry Co Ltd |
Chuhong
|
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Xishui Furuide Chemical Co Ltd |
Furuide
|
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Delivery Warehouse
|
Designated Delivery Warehouses shown on TME website
|
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Trading Hours
|
9:00-11:30 13:30-15:30
(Mon-Fri,Statutory Holidays Excluded) |
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Quoting Mode
|
VAT price
|
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Quoting Unit
|
Yuan/ton
|
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Minimum Price Interval |
1 Yuan/ton
|
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Minimum Trading Unit |
1 hand（1 hand=1 ton） |
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Margin for Trading |
15%
|
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Margin for Delivering |
20%
|
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Transaction Fee
|
0.8‰
|
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Delivery Fee
|
2 Yuan
|
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Price Range
|
±5%
|
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Date of Delivery
|
Subject to a stipulated delivery date upon listing |
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Type of Invoice
|
Common invoice only for tax exempt product |
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Time Limit for Seller’s Invoicing |
Within 60 days after a successful delivery |
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Weight Tolerance
|
±2‰
|
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More or Less Difference |
Less than 100 kg/ton
|
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Reminder: Parameter Table of Urea (Physical Commodity) in Chinese version should pravil,if any controversy or dispute occurs. Refer to Exchange’s website for relevant premium and discount.