Corn futures will be listed on the 22nd of this month

Introduction: the limit range of the rise and fall of the contract is 4% of the settlement price of the previous trading day, the handling fee is tentatively 2 yuan / hand, the transaction price is bulk grain price, and the designated delivery place is tentatively Dalian and Yingkou Today, the GSE issued the notice on matters related to the listing and trading of corn futures contracts, confirming the official listing of corn futures contracts on September 22, and making specific arrangements for matters related to the listing and trading of corn futures contracts According to the notice, the price limit of corn futures contract is 4% of the settlement price of the previous trading day, the price limit of new contract on the first day of listing (September 22) is 10% of the benchmark price of listing, and the initial trading margin of contract listing is tentatively 6% of the contract value This hanging contract includes six contracts: c0501, c0503, c0505, c0507, c0509 and c0511 The benchmark price of a new contract shall be announced by the exchange on the trading day prior to the listing of the contract The trading price of corn futures contract is bulk grain price, excluding packaging price The price of packing materials is 20 yuan / ton, and the packing money shall be settled by the consignor and the designated delivery warehouse The initial transaction fee of corn futures contract is tentatively set at 2 yuan / hand, and the transaction fee of opening and closing positions of the same contract on the same day is charged at 1 yuan / hand In terms of information disclosure, the notice stipulates that when the bilateral positions of a corn futures contract reach 100000, the exchange will announce the trading volume and positions of the top 20 members of the contract According to the notice on issues related to listing and trading of corn futures contracts issued on the same day and the notice on establishing designated delivery warehouses for corn issued on the same day, the delivery place of corn is temporarily determined to be Dalian heyingkou At present, the early designated delivery warehouses in Dalian are Dalian Beiliang Port Co., Ltd., Liaoning Dalian Wujia National Grain Reserve, Jilin grain and oil transportation and Marketing Corporation, and Dalian Beihai storage and Transportation Co., Ltd., which are designated as the delivery warehouses for benchmark corn Yingkou Port Group Co., Ltd is designated as the delivery warehouse in Yingkou area Currently, there is no premium or discount These designated delivery warehouses will be used since the date of listing of corn contracts The exchange will gradually add other designated delivery warehouses and adjust the premium of non benchmark delivery warehouses according to the market development Before that, the news that corn futures will be listed on September 22 has spread, and all parties in the market have responded warmly to this Market participants believe that the current listing of corn futures trading at the right time This year's corn market will be further liberalized At present, the corn market is facing new changes The new year's corn will be harvested and listed The exchange will launch the corn futures contract for the whole year next year, which will help farmers to determine the price of grain sales according to the futures price, select the time of grain sales and guide the adjustment of planting structure next year It will also help corn related operating enterprises to timely use the market to guide the market operation next year And avoid market price risk.