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Trading Method
Real-time auction |
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Products
The products varieties are as follows:
RSS3(THAI)、RSS3(VN)、RSS3(INDO)
STR-20、SIR-20、SVR-20、SMR-20
SVR3L
LATEX CONCENTRATED (H.A) |
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Price Unit
USD/ton
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Trading Volume
min. trading volume : 10 ton
max. trading volume : 200 ton |
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Price Fluctuation
min. price fluctuation: 1$/ton
max. price fluctuation direct bidding: 50$/ton |
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Trading Hours
Order Placing Session: 8：30am-10:30am
Morning trading session: 11:00am-12:00am
Afternoon trading session: 1:30pm-4:30pm
Close: 4:30pm |
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Down-timing Period
From 11:00am-12:00am, the down-timing period is 5 minutes
From 1:30pm-4:30pm, the down-timing period is 2 minutes. |
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Producing Area
provided by the seller |
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Seller Quoted Method
FOB or CIF |
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The Settlement Account
Bank: BANK OF CHINA HAINAN BRANCH, HAIKOU
Account Name : Sino Rubber Electronic Exchange Co., Ltd.
Account Number: 780618945118093014 |
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Margin
Margin deposit is 10% of the business volume
China domestic member can deposit either USD or RMB as their Margin. If RMB, the Clearing Department would exchange it into USD according to the close USD selling price for cash of the last trading day publicized by BANK OF CHINA. If exchange rate of the USD to RMB exceeds 10% , the Margin will be reexchanged and the member should complement Margin immediately. The currency that client withdraw should be the currency that he originally deposited, the deposit amount in USD should base on original exchange rate to change into RMB. |
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Trading Commission
Trading commission is charged by 1.5‰ of the business volume from both seller and buyer. |
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Delivery Point
FOB: Provided by the seller.
CIF China Ports: DaLian, TianJing, QingDao, LianYunGang, ShangHai, NingBo, WenZhou, XiaMen, HuangPu, FangCheng, ZhanJiang, etc. |
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The Payment Method
The payment method contains IREVERCABLE L/C, T/T, D/P. It is provided in the seller’s order. |
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