Announcement on Listing of Turpentine
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 Turpentine, with details as follows:
I. Commodity for Listing
Grade: Super grade in buik
II. Trading Type
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)
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 convienence.
Tel No: 028-65301668
E-mail: jiangyl@chinatme.com
Parameter Table of Turpentine (Physical Commodity)
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Agricultural and forestry product |
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Commodity Name
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Commodity Code
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TGTSW
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Commodity
Transaction Scope |
Quality Standard
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National Standard:GB/T 12901-2006,or GB/T 12901-2006 |
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Norm
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Slash pine turpentine, masson pine turpentine |
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Brand
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Fumen
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Grade
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Super grade in bulk
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Delivery Warehouse
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Trading Hours
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9:00-11:30 13:30-15:30 20:00-02:30 (Mon-Fri,Statutory Holidays Excluded)
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Quoting Mode
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VAT price
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Quoting Unit
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Yuan/ton
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Minimum Price Interval |
0.01 Yuan/kg
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Minimum Trading Unit |
1 hand (1 hand = 10kg) |
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Margin for Trading |
20%
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Margin for Delivering |
10%
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Transaction Fee
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1‰
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Delivery Fee
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0.5Yuan/10kg (weight less than 1 ton charged as 1 ton) |
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Price Range
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Benchmark price of previous trading day for the item ×（1±6%） |
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Date of Delivery
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The listing day
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VAT rate
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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 Turpentine (Physical Commodity) in Chinese version should pravil,if any controversy or dispute occurs.