Announcement on Listing of Gum Rosin
Date: 18 December 2013
Tianfu Mercantile Exchange
Members and dealers :
It is decided by TME that starting from 26 December 2013, trading can be conducted on Gum Rosin, with details as follows:
I. Commodity for Listing
Commodity Name : “Gum Rosin”
Commodity Code : GR
National Standard: GB/T 8145-2003,or GB/T 29591-2013
Brand: Fumen
Grade: Super Grade,Grade I,Grade II,and Grade III (225Kg drum).
Norm : Gum rosin of masson pine, gum rosin of slash pine,and gum rosin of Yunnan pine.
II. Trading Type
Listing
III. Date of Listing
(a) Date of Listing
26 December 2013
(b) Trading Hours
AM:9:00-11:30 PM:13:30-15:30, 20:00- 02:30
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 Product Department at your convenience.
Person to contact : Mr.Jiang, Product Department
Tel No: 028-65301668
E-mail: jiangyl@chinatme.com
Parameter Table of Gum Rosin (Physical Commodity)
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Agricultural Forestry Product |
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Commodity Name |
Gum Rosin |
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Commodity Code |
GRSW |
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Commodity Transaction Scope |
Quality Standard |
National Standard: GB/T 8145-2003,or GB/T 29591-2013 |
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Norm |
Gum rosin of masson pine, gum rosin of slash pine,and gum rosin of Yunnan pine |
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|
Brand |
Fumen |
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Grade |
Super Grade,Grade I,Grade II,and Grade III (225Kg drum) |
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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 20:00-02:30 (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 |
5 Yuan/ton |
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Minimum Trading Unit |
1 ton (1 hand = 1 ton) |
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Margin for Trading |
20% |
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Margin for Delivering |
10% |
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Transaction Fee |
1‰ |
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Delivery Fee |
5 Yuan/ton |
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Price Range |
Benchmark price of previous trading day for the item ×（1±6%） |
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Date of Delivery |
The listing day |
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VAT rate |
17% |
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|
20% |
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Time for Seller’s Invoicing |
Within 20 trading days after a successful delivery |
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Reminder: Parameter Table of Gum Rosin (Physical Commodity) in Chinese version should pravil,if any controversy or dispute occurs.