第一章总则 Chapter 1 General Provisions 第一条为保证郑州商品交易所 ( 以下简称交易所 ) 期货交割业务的正常进行, 规范期货交割行为, 根据 郑州商品交易所交易规则, 制定本细则 Article 1 These detailed rules are formulate

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1 郑州商品交易所期货交割细则 Detailed Rules for Futures Delivery of Zhengzhou Commodity Exchange ( 郑州商品交易所第五届理事会 :2009 年 3 月 28 日审议通过, 自 2009 年 4 月 20 日施行 ;2011 年 10 月 17 日修订, 自 2011 年 10 月 28 日施行 ;2012 年 8 月 6 日修订, 自 2012 年 12 月 3 日施行 ;2012 年 12 月 17 日修订, 自 2012 年 12 月 28 日施行 ;2013 年 9 月 5 日修订, 自 2013 年 9 月 26 日施行 ;2013 年 10 月 28 日修订, 自 2013 年 11 月 18 日施行 ;2014 年 6 月 16 日修订, 自 2014 年 7 月 8 日施行 ;2014 年 7 月 4 日修订, 自 2014 年 8 月 8 日施行 ;2015 年 12 月 23 日修订, 自 2016 年 1 月 11 日施行 ) (Approved after examination by the Fifth Council of Zhengzhou Commodity Exchange on March 28, 2009 and implemented since April 20, 2009; revised on October 17, 2011 and implemented since October 28, 2011; revised on August 6, 2012 and implemented since December 3, 2012; revised on December 17, 2012 and implemented since December 28, 2012; revised on September 5, 2013 and implemented since September 26, 2013; revised on October 28, 2013 and implemented since November 18, 2013; revised on June 16, 2014 and implemented since July 8, 2014; revised on July 4, 2014 and implemented since August 8, 2014; revised on December 23, 2015 and implemented since January 11, 2016.)

2 第一章总则 Chapter 1 General Provisions 第一条为保证郑州商品交易所 ( 以下简称交易所 ) 期货交割业务的正常进行, 规范期货交割行为, 根据 郑州商品交易所交易规则, 制定本细则 Article 1 These detailed rules are formulated subject to Trading Rules of Zhengzhou Commodity Exchange (hereinafter referred to as ZCE) for the purposes of regulating futures delivery activities and ensuring a proper practice of futures delivery in ZCE. 交易所交割业务按本细则进行, 交易所 会员 客户 指定商品交割仓库 ( 以下简称仓库 ) 指定商品交割中转仓库 ( 以下简称中转仓库 ) 指定商品交割厂库 ( 以下简称厂库 ) 及指定质检机构必须遵守本细则 ZCE shall conduct delivery business in compliance with these detailed rules. ZCE, members, clients, designated delivery warehouses (hereinafter referred to as warehouses), designated delivery transit warehouses (hereinafter referred to as transit warehouses), designated delivery factories (hereinafter referred to as factories), and designated inspection agencies shall comply with these detailed rules. 第二条期货交割是指期货合约到期时, 按照交易所的规则和程序, 交易双方通过该期货合约标的物所有权的转移, 了结到期未平仓合约的过程 Article 2 Futures delivery shall refer to the course in which the parties, subject to ZCE s rules and procedures, close the non-liquidated contract(s) through the transfer of the title to the commodities of the futures contract(s). 标准仓单的期货交割实行三日交割法 As to standard warrant futures delivery, three-day delivery method shall be implemented. 标准仓单以外的期货交割根据品种不同确定具体的交货流程 As to non-standard warrant futures delivery, specific delivery procedures shall be stipulated pursuant to different product types. 第三条交易所上市期货品种采用仓库交割 中转仓库交割 厂库交割 车 ( 船 )

3 板交割等交割方式 Article 3 ZCE shall conduct warehouse delivery, transit warehouse delivery, factory delivery, vehicle (ship) delivery and other delivery methods for its listed products. 仓库交割是指卖方通过将指定交割仓库开具的相关商品仓库仓单转移给买方以完成实物交割的交割方式 Warehouse delivery shall mean a delivery method of transferring of commodity warehouse warrants issued by designated warehouses from seller to buyer to achieve physical delivery. 中转仓库交割是指卖方通过将中转仓库开具的相关商品中转仓单转移给买方以完成实物交割的交割方式 Transit warehouse delivery shall mean a delivery method of transferring commodity transit warehouse warrants issued by designated transit warehouses from the seller to the buyer to achieve physical delivery. 厂库交割是指卖方通过将指定交割厂库开具的相关商品标准仓单转移给买方以完成实物交割的交割方式 Delivery factory shall mean a delivery method of transferring of commodity standard warrants issued by designated factories from the seller to the buyer to achieve the physical delivery. 车 ( 船 ) 板交割是指卖方在交易所指定交割计价点将货物装至买方汽车板 火车板或轮船板, 完成货物交收的一种实物交割方式 Vehicle (ship) board delivery shall mean a physical delivery method that the seller transfers commodities from ZCE designated delivery point of evaluation to the buyer s vehicle board, train board or ship board to achieve the delivery. 交割计价点是指车 ( 船 ) 板交割时由交易所指定的用于计算双方各自应承担交割费用的地点 Vehicle delivery point of evaluation shall mean the location designated by ZCE for the purpose of calculating the delivery fees paid by both parties when make vehicle (ship) board delivery. 交易所在交割计价点设置指定交割仓库或者其他交割服务机构, 买卖双方选择在交割计价点交割的, 应通过以上机构开展, 并须交付一定的费用 In case that buyer and seller choose to make delivery at delivery points of evaluation,

4 the buyer and the seller shall achieve delivery through designated warehouses or other delivery service agencies built by ZCE at delivery point of evaluation and make relative payments. 第四条各品种采用的交割方式如下 : Article 4 The delivery methods of different product shall be as follows: 强麦 早籼稻 : 仓库交割 Strong gluten wheat, early indica rice: Warehouse delivery. 棉花 : 仓库交割和中转仓库交割 Cotton: Warehouse and transit warehouse delivery. 甲醇 菜粕 晚籼稻 粳稻 白糖 PTA 菜油 硅铁 锰硅 : 仓库交割和厂库交割 Methanol, rapeseed meal, late indica rice, japonica rice, white sugar, PTA, rapeseed oil, ferrosilicon, and manganese silicon: Warehouse and factory delivery. 普麦 菜籽 : 车 ( 船 ) 板交割和仓库交割 Common wheat and rapeseed: Vehicle (ship) board and warehouse delivery. 玻璃 : 厂库交割 Flat glass: Factory delivery. 动力煤 : 车 ( 船 ) 板交割和厂库交割 Thermal coal: Vehicle (ship) board and factory delivery. 第五条客户的期货交割须由会员办理, 并以会员名义在交易所进行, 交割结果由客户承担 Article 5 Futures delivery of clients shall be handled by members and conducted in the names of members in ZCE with the delivery results assumed by clients. 第六条不能交付或者接收增值税专用 ( 普通 ) 发票的客户不得交割 ; 持仓量为非交割单位整数倍的相应持仓不得交割 ; 不具备甲醇生产 储存 使用 经营或运输资质的客户不得参与甲醇交割 ; 中转仓单不得用于交割月最后交易日下午闭市后的配对交割

5 Article 6 Clients who are unable to provide or accept special (ordinary) value-added tax invoice shall not carry out delivery; as to relevant position which is not multiple of delivery unit, the delivery cannot be carried out; clients who do not have the qualification of production, storage, usage, operation or transportation of methanol cannot participate in the delivery of methanol; transit warehouse warrant shall not be used to conduct matching delivery after the market close on the matching day in delivery month. 菜粕交付增值税普通发票 Rapeseed meal shall provide ordinary value-added tax invoice. 进入交割月前, 不得交割的客户应当将交割月份的相应持仓予以平仓 自进入交割月第一个交易日起, 自然人客户不得开新仓, 交易所有权对自然人客户的交割月份持仓予以强行平仓 不得交割的持仓被配对的, 交易所对其处以合约价值 ( 按配对日交割结算价计算 )10% 的违约金, 违约金支付给对方, 终止交割 ; 买卖双方均属上述情况的, 交易所按本条规定比例核算的金额对双方进行处罚, 终止交割 Before entering the delivery month, clients unable to make delivery shall liquidate corresponding delivery month positions. Since the first trading day in delivery month, individual clients shall be not allowed to open new positions and ZCE shall force to close delivery month positions held by individual clients. For positions which shall not be delivered are matched, ZCE shall post 10% of the contract value (calculated based on the clearing price of delivery on the last trading day) penalty, which shall be paid to the other party for termination of the delivery; if both parties are applicable to the situation above, ZCE shall punish both parties according to the amount calculated based on the proportion regulated in this article and terminate the delivery. 最后交易日下午闭市后被配对交割的卖方, 仅持有中转仓单或同时持有中转仓单和标准仓单, 但持有的标准仓单数量不能满足交易所规定的交割要求的, 视为违约 由交易所对卖方的违约持仓部分处以合约价值 ( 按配对日交割结算价计算 ) 20% 的违约金, 违约金支付给买方, 终止交割 It shall be believed that a seller commits a delivery default in case that he/she only holds transit warehouse warrants or both transit warehouse warrants and standard warrants, while the number of the standard warrants could not match the delivery requirement of ZCE after the market close on the last trading day. ZCE shall punish the seller for paying 20% of the contract value (calculated at the seller s delivery clearing price) of the default portions which shall be paid to the buyer to terminate the delivery.

6 第二章期货交割标准 Chapter 2 Standards of Futures Delivery 第一节普通小麦 Section 1 Common Wheat 第七条交割单位 :50 吨 Article 7 Delivery unit: 50 metric tons. 第八条普通小麦 ( 以下简称普麦 ) 交割适用国家标准 国家相关规定及本细则规定 Article 8 National standards, relevant national regulations and regulations of these detailed rules shall apply to the delivery of common wheat. 基准交割品 : 符合 中华人民共和国国家标准小麦 (GB ) 的三等及以上小麦, 且不完善粒中生芽粒 2.0%, 霉变粒 2.0% Benchmark delivery product: Grade 3 or higher grade wheat conforming to National Standard of the People s Republic of China, Wheat (GB ) with budding particles less than or equal to 2.0% and mildew particles less than or equal to 2.0% among imperfect grains. 替代品质量差异及升贴水 : Quality differences of substitute, premium, and discount: ( 一 ) 入库时, 水分 12.5% 的, 足量入库 ;12.5%< 水分 13.5% 的, 以 12.5% 为基准, 水分每超 0.5%, 扣量 1.0%; 不足 0.5% 的, 不扣量 标准仓单出库时, 水分 12.5% 的, 足量出库 ;12.5%< 水分 13.5% 的, 水分每超 0.5%, 补量 1.0%; 不足 0.5% 的, 不补量 车船板交货时水分 12.5% 的足量交货 ;12.5%< 水分 13.5% 的, 水分每超 0.5%, 补量 1.0%; 不足 0.5% 的, 不补量 (1) Entering warehouse, common wheat with moisture of less than or equal to 12.5% shall be warehoused in full amount; common wheat with moisture of more than 12.5%

7 but less than or equal to 13.5% shall be warehoused with a deduction amount of 1.0% for every 0.5% moisture that exceeds 12.5%; as to the moisture rate that is not up to 0.5%, such deduction shall not be needed. When standard warrants depart from warehouse(s), in case that the moisture is less than or equal to 12.5%, common wheat shall be departed in full amount; in case that the moisture is more than 12.5%, but less than or equal to 13.5%, the quantity addition is 1.0% for every 0.5% moisture rate that exceeds 12.5%; as to the moisture rate that is not up to 0.5%, such addition shall not be needed. As to the vehicle (ship) board delivery, common wheat with moisture of less than or equal to 12.5% shall be warehoused in full amount; in case that the moisture is more than 12.5%, but less than or equal to 13.5%, the quantity addition is 1.0% for every 0.5% moisture rate that exceeds 12.5%, as to the moisture rate that is not up to 0.5%, such addition shall not be needed. ( 二 )1.0%< 杂质 1.5% 的, 以 1.0% 为基准, 杂质每超 0.5%, 入库扣量 ( 出库补量 )1%; 不足 0.5% 的, 不扣量 ( 出库不补量 ) 车船板交货时按出库处理 (2) In case that the impurity content is more than 1.0%, but less than or equal to 1.5%, quantity deduction of 1% shall be needed when common wheat enters warehouse(s) (quantity addition shall be needed when common wheat departs from warehouse(s)) when the impurity content is more than 0.5% with 1.0% as a benchmark. Quantity deduction shall not be needed (quantity addition shall not be needed) when the impurity content is less than 0.5%. Vehicle (ship) board delivery shall be treated as departure from warehouse(s). ( 三 )8.0%< 不完善粒 12.0% 的, 以 8.0% 为基准, 不完善粒每超 1.0%, 入库扣量 ( 出库补量 )1.0% 车船板交货时按出库处理 (3) In case that the imperfect grain is more than 8.0%, but less than or equal to 12.0%, quantity deduction of 1.0% shall be needed when common wheat enters warehouse(s) (quantity addition shall be needed when common wheat departs from warehouse(s)) when the imperfect grain is more than 1.0% with 8.0% as a benchmark. Vehicle (ship) board delivery shall be treated as departure from warehouse(s). 第九条普麦接收 储存 发运采用散粮方式 Article 9 Bulk grain shall be the method applied to the common wheat s receipt, storage and shipping transportation. 第二节优质强筋小麦 Section 2 Strong Gluten Wheat of High Quality

8 第十条交割单位 :20 吨 Article 10 Delivery unit: 20 metric tons. 第十一条优质强筋小麦 ( 以下简称强麦 ) 交割适用国家标准 国家相关规定及本细则规定 : Article 11 National standards, relevant national regulations and regulations of these detailed rules shall apply to the delivery of strong gluten wheat of high quality (hereinafter referred to as strong gluten wheat): 基准交割品 : 符合 中华人民共和国国家标准小麦 (GB ) 的三等及以上小麦, 容重 770g/L, 不完善粒中霉变粒 2.0%,300s 降落数值 550s; 内在品质指标稳定时间 8 分钟 湿面筋 30% 拉伸面积 (135min) 90cm 2 Benchmark delivery product: Grade 3 or higher grade wheat conforming to National Standard of the People s Republic of China, Wheat (GB ) with unit weight greater than or equal to 770g/L, mildew particles less than or equal to 2.0% and falling time greater than or equal to 300s but less than or equal to 550s among imperfect grains; its internal quality index stabilization time shall be greater than or equal to 8 minutes, wet gluten shall be greater than or equal to 30% and tensile area (135min) shall be greater than or equal to 90cm 2. 替代品质量差异及升贴水 : Quality differences of substitute, premium and discount: ( 一 ) 内在品质指标稳定时间 6 分钟, 湿面筋 28% 拉伸面积(135min) 75 cm 2 容重 750g/L, 但不满足基准交割品及以上等级要求的, 贴水 260 元 / 吨 ; 稳定时间 12 分钟 湿面筋 30% 拉伸面积(135min) 100 cm 2 的, 升水 80 元 / 吨 ; 稳定时间 16 分钟 湿面筋 30% 拉伸面积(135min) 120 cm 2 的, 升水 120 元 / 吨 (1) In case that internal quality index stabilization time is greater than or equal to 6 minutes, wet gluten is greater than or equal to 28%, and tensile area (135min) is greater than or equal to 75 cm 2, and unit weight is greater than or equal to 750g/L while cannot meet the benchmark requirements of the delivery product, a 260 yuan/metric ton discount shall be applied; in case that internal quality index stabilization time is greater than or equal to 12 minutes, wet gluten is greater than or equal to 30%, and tensile area (135min) is greater than or equal to 100cm 2, a 80 yuan/metric ton premium shall be applied; in case that internal quality index stabilization time is greater than or equal to 16 minutes, wet gluten is greater than or equal to 30% and tensile area (135min) is greater than or equal to 120cm 2, a 120 yuan/metric ton premium shall be applied.

9 ( 二 ) 强麦入库时, 水分 12.5% 的, 足量入库 ;12.5%< 水分 13.5% 的, 以 12.5% 为基准, 水分每超 0.5%, 扣量 1.0%; 不足 0.5% 的, 不扣量 出库时, 水分 12.5% 的, 足量出库 ; 12.5%< 水分 13.5% 的, 水分每超 0.5%, 补量 1.0%; 不足 0.5% 的, 不补量 (2) Entering warehouse, strong gluten wheat with moisture of less than or equal to 12.5% shall be warehoused in full amount; strong gluten wheat with moisture of more than 12.5% but less than or equal to 13.5% shall be warehoused with a deduction amount of 1.0% for every 0.5% moisture that exceeds 12.5%; as to the moisture rate that is not up to 0.5%, such deduction shall not be needed. Departing from warehouse, in case the moisture is less than or equal to 12.5%, strong gluten wheat shall be departed from warehouse in full amount; in case that the moisture is more than 12.5%, but less than or equal to 13.5%, the quantity addition is 1.0% for every 0.5% moisture rate that exceeds 12.5%; as to the moisture rate that is not up to 0.5%, such addition shall not be needed. ( 三 ) 当贴水的替代品交割时,1.0%< 杂质 1.5% 的, 以 1.0% 为基准, 杂质每超 0.5%, 入库扣量 ( 出库补量 )1.0%; 不足 0.5% 的, 不扣量 ( 出库不补量 ) (3) When the substitute of discount is delivered, in case that the impurity content is more than 1.0%, but less than or equal to 1.5%, quantity deduction of 1.0% shall be needed when strong gluten wheat enters warehouse (quantity supplement shall be needed when strong gluten wheat departs from warehouse) in case that the impurity content is more than 0.5% with 1.0% as a benchmark. Quantity deduction shall not be needed (quantity supplement shall not be needed) when the impurity content is less than 0.5%. ( 四 ) 当贴水的替代品交割时,8.0%< 不完善粒 12.0% 的, 以 8.0% 为基准, 不完善粒每超 1.0%, 入库扣量 ( 出库补量 )1.0% (4) When the substitute of discount is delivered, in case that the imperfect grain is more than 8.0%, but less than or equal to 12.0%, quantity deduction of 1.0% shall be needed when strong gluten wheat enters warehouse (quantity supplement shall be needed when strong gluten wheat departs from warehouse) in case that the imperfect grain is more than 1.0% with 8.0% as a benchmark. 第十二条强麦接收 发运采用散粮方式 ; 储存采用麻袋包储与散粮存储相结合的方式 Article 12 Bulk grain shall be the method applied to the strong gluten wheat s receipt and transportation. Combination of sacks package and bulk grain storage shall be applied to the storage.

10 第三节棉花 Section 3 Cotton 第十三条棉花合约按序号排列, 分为一号棉和交易所公告的其他序号棉花 Article 13 Cotton contracts shall be ranked by sequence number. They shall be divided into No.1 cotton and other sequences of cotton publicized by ZCE. 第十四条一号棉交割单位 :185 包 ±5 包 (227±10 公斤 / 包 ), 对应 8 手期货合约 Article 14 Delivery unit of No.1cotton: 185 bags ± 5 bags (227 ± 10 kilograms/bag). It shall apply to futures contract of 8 lots. 第十五条一号棉交割适用国家标准 Article 15 Delivery of No.1 cotton shall apply to the national standards. 基准交割品 : 符合 GB 棉花第 1 部分 : 锯齿加工细绒棉 规定的 3128B 级, 且长度整齐度为 U3 档, 断裂比强度为 S3 档, 轧工质量为 P2 档的国产棉花 Benchmark delivery product: Domestic cotton of 3128B with U3 length and neatness, S3 breaking tenacity, and P2 shaped quality, conforming to Cotton Chapter 1: Domestic Gear Shaped Fine Staple Cotton (GB ). 替代品及升贴水 : 符合 GB 棉花第 1 部分 : 锯齿加工细绒棉 规定的, 颜色级为 级, 平均长度级为 27mm 29mm 及以上, 长度整齐度为 U1 U2 U4 档, 主体马克隆值级为 A 级 C 级 C2 档, 断裂比强度为 S1 S2 S4 档, 轧工质量为 P1 档 P3 档的棉花, 可以替代交割 替代交割品升贴水由交易所另行制定并公告 Substitute, premium and discount of delivery: Cotton with color grade of 11, 21, 41, 12 or 22, average length of 27mm, 29mm or over, length and neatness of U1, U2 or U4, main micronaire value of A, C or C2, breaking tenacity of S1, S2, and S4, and shaped quality of P1 and P3, conforming to Cotton Chapter 1: Domestic Gear Shaped Fine Staple Cotton (GB ), can be used as a substitute for delivery. Premium and discount of substitute shall be stipulated and announced by ZCE. 一个交割单位棉花按照颜色级和轧工质量比例实行分级计价 有主体颜色级的棉

11 花, 升水 100 元 / 吨 One unit of delivery cotton shall be classified pursuant to different levels by color grade and shaped quality. As to the cotton with main color grade, the premium shall be 100 yuan/metric ton. 无主体颜色级的棉花, 以其中占比例最大的颜色级为标注颜色级 As to the cotton without main color grade, color grade with largest portion shall be used as annotated grade. 升贴水和分级计价按重新检验的结果随货款一并结算 Premium, discount and hierarchical evaluation shall be calculated and settled based on re-inspected results along with payment. 第十六条 N 年产锯齿细绒白棉从 N+1 年 8 月 1 日起每日历日贴水 4 元 / 吨, 至 N+2 年 3 月的最后一个工作日止 Article 16 Domestic gear shaped white staple cotton produced in year N shall be 4 yuan/metric ton every calendar day for discount since August 1st in year N+1 until the last working day of March in year N+2. 第十七条棉花包装及包装物应符合国家有关棉花包装规定 Article 17 Cotton package and packaged materials shall conform to related national regulations regarding cotton package. 第四节白糖 Section 4 White Sugar 第十八条交割单位 :10 吨 Article 18 Delivery unit: 10 metric tons. 第十九条白糖交割适用国家标准及本细则规定 Article 19 National standards and regulations of these detailed rules shall apply to the delivery of white sugar.

12 基准交割品 : 符合 中华人民共和国国家标准白砂糖 (GB )( 以下简称 白糖国标 ) 规定的一级白糖 Benchmark delivery product: Grade 1 white sugar conforming to National Standard of the People s Republic of China, White Sugar (GB ) (hereinafter referred to as National Standard for White Sugar). 替代品及升贴水 : Substitute, premium and discount: ( 一 ) 符合 白糖国标 的一级和二级 ( 色值小于等于 170IU) 的进口白糖 ( 含进口原糖加工而成的白糖 ) 可以交割 ; (1) The grade 1 and grade 2 (color value is lower than or equal to 170IU) imported white sugar (including white sugar processed from imported raw sugar) conforming to National Standard for White Sugar can be delivered; ( 二 ) 色值小于等于 170IU, 其他指标符合 白糖国标 的二级白糖, 可以在本制糖年度 ( 每年的 10 月 1 日至次年的 9 月 30 日 ) 的 9 月和该制糖年度结束后的当年 11 月合约替代交割, 贴水标准为 50 元 / 吨 ; (2) Grade 2 white sugar with color value less than or equal to 170IU and other indexes conforming to the National Standard for White Sugar can be used to conduct substitute delivery of September contract of this production year (from October 1st of every year to September 30th of the next year) and November contract of the same year after the production year. The standard of discount shall be 50 yuan/metric ton; 第二十条 N 制糖年度生产的白糖, 只能交割到 N 制糖年度结束后的当年 11 月份, 且从当年 9 月合约交割起 ( 包括 9 月合约交割 ) 每交割月增加贴水 20 元 / 吨, 即 9 月贴水 20 元 / 吨,11 月贴水 40 元 / 吨, 贴水随货款一并结算 Article 20 White sugar produced in production year N shall only be delivered in November of production year N+1. And since the September contract delivery of that year (including September contract delivery), 20 yuan/metric ton of discount shall be added to each delivery month. That is to say that 20 yuan/metric ton of discount in September and 40 yuan/metric ton of discount in November. Discount shall be settled together with payment. 第二十一条白糖包装应符合 白糖国标 的规定 Article 21 Package of white sugar shall conform to the regulations stipulated by National Standard for White Sugar.

13 进口白糖的标志 标签, 除应含有产品名称 净含量 生产厂商名称 生产日期等内容外, 其他内容不作要求 Logo and label of imported white sugar shall include name, net weight, name of manufacturer and production date, no other contents shall be required. 白糖包装有霉变 严重污染或者出现潮包 流包 真结块 有异味的, 不得入库 Entering warehouse shall be prohibited for packages of white sugar that are moldy or seriously contaminated or those with moisture, liquid, lump or peculiar smell. 第五节精对苯二甲酸 Section 5 Pure Terephthalic Acid 第二十二条交割单位 :5 吨 Article 22 Delivery unit: 5 metric tons. 第二十三条精对苯二甲酸 ( 以下统称 PTA) 交割质量标准适用 工业用精对苯二甲酸 (SH/T ) Article 23 The quality standard for delivery of pure terephthalic acid (hereinafter referred to as PTA) shall comply with Pure Terephthalic Acid in Industry (SH/T ). 基准交割品 : 符合 SH/T 质量标准的优等品 PTA Benchmark delivery product: High-class PTA conforming to quality standard of SH/T 基准交割品必须是经交易所认定的 PTA 生产厂家生产的商品 具体生产厂家由交易所公告 Benchmark delivery product shall be the commodity produced by PTA manufacturer appointed by ZCE. The manufacturer shall be announced by ZCE. 交易所有权调整交割品生产厂家 ZCE shall have right to adjust the manufacturer of delivery product.

14 第二十四条出现破包 潮包 结块 严重污染等情况的, 不得入库 Article 24 Entering warehouses shall be prohibited for packages with broken bag, moisture bag, lump or serious contamination. 第六节菜籽 Section 6 Rapeseed 第二十五条交割单位 :10 吨 Article 25 Delivery unit: 10 metric tons. 第二十六条菜籽交割适用国家标准及本细则规定 Article 26 National standards and regulations of these detailed rules shall apply to the delivery of rapeseed. 基准交割品 : 符合以下质量指标的菜籽 : 含油量 ( 以 8% 水分计, 以下同 ) 38.0%, 水分 9.0%, 杂质 3.0%, 热损伤粒 2.0%, 生霉粒 2.0%, 色泽气味正常 菜籽指标定义 卫生指标要求及检验方法等按照 中华人民共和国国家标准油菜籽 (GB/T ) 执行 Benchmark delivery product: Rapeseed conforming to the following quality standard: oil content (with 8% moisture, as follows) is greater than or equal to 38.0%, moisture is less than or equal to 9.0%, impurity content is less than or equal to 3.0%, heat-damaged kernel is less than or equal to 2.0%, moldy kernel is less than or equal to 2.0%, and color and smell are normal. The definition of rapeseed index, the requirement of hygienic index and the inspection methods shall conform to and be carried out under regulations of National Standard of the People s Republic of China, Rapeseed (GB/T ). 替代品及升贴水 : Substitute, premium and discount: ( 一 ) 含油量以 38.0% 为基准, 每高 ( 低 )1 个百分点, 升水 ( 贴水 )70 元 / 吨, 高不足 1 个百分点的无升水, 低不足 1 个百分点的按照 1 个百分点计, 高于 42.0% 的按照 42.0% 升水 含油量低于 35.0% 的不允许交割 (1) Rapeseed oil with oil content of 38% shall be used as benchmark. A 70

15 yuan/metric ton premium (discount) shall be applied to every increase (decrease) of 1 percent. No premiums shall be applied to increase lower than 1 percent, and decrease lower than 1 percent shall be counted as 1 percent. As to oil content higher than 42.0%, premium shall be implemented as 42.0%. Delivery shall be prohibited for oil content lower than 35.0%. ( 二 ) 杂质以 3.0% 为基准, 每低 ( 高 )0.5 个百分点升水 ( 贴水 )30 元 / 吨, 不足 0.5 个百分点的无升贴水, 低于 2.0% 的按照 2.0% 升水 采用标准仓单交割的, 杂质高于 3.0% 的不允许交割 采用车板方式交割的, 杂质高于 4.0% 的不允许交割 (2) Rapeseed oil with impurity content of 3.0% shall be used as benchmark. A 30 yuan/metric ton premium (discount) shall be applied to every decrease (increase) of 0.5 percent. No premiums or discounts shall be applied to change lower than 0.5 percent. As to impurity content lower than 2.0%, premiums shall be implemented as 2.0%. When delivered by standard warrant, such delivery shall be prohibited for impurity content higher than 3.0%. When delivered by vehicle board, such delivery shall be prohibited for impurity content higher than 4.0%. ( 三 ) 采用车板方式交割的, 水分以 9.0% 为基准, 每高 0.5 个百分点贴水 30 元 / 吨, 不足 0.5 个百分点的无贴水, 水分高于 12.0% 的不允许交割 采用标准仓单交割的, 水分高于 9.0% 的不允许交割 (3) When delivered by vehicle board, rapeseed oil with moisture of 9.0% shall be used as benchmark. A 30 yuan/metric ton discount shall be applied to every increase of 0.5 percent. No discounts shall be applied to change lower than 0.5 percent. As to moisture higher than 12.0%, delivery shall be prohibited. When delivered by standard warrant, such delivery shall be prohibited for moisture higher than 9.0%. 第二十七条菜籽交割采用塑料编织袋包装方式 编织袋的长度为 mm, 宽度为 mm, 缝包机缝口, 单包装载菜籽质量不少于 60 公斤 编织袋要求不破 不漏, 应清洁 牢固 透气 无毒害物质污染 无霉变 同一客户同一批次交割的菜籽包装要求规格统一 Article 27 Rapeseed delivery shall adopt plastic sacks for packaging. The length of the sack shall be mm and width is mm. Bag sewing machine sealed single sack rapeseed weight shall be no less than 60 kg. Sacks shall have no breaks, no leaks, no toxic substances, and no mildews and shall be clean, firm, and breathable. As to the same client with the same order, delivered rapeseed shall use the same packaging. 第七节菜油

16 Section 7 Rapeseed Oil 第二十八条交割单位 :10 吨 Article 28 Delivery unit: 10 metric tons. 第二十九条菜油交割适用国家标准及本细则规定 Article 29 National standards and regulations of these detailed rules shall apply to the delivery of rapeseed oil. 基准交割品 : 符合 中华人民共和国国家标准菜籽油 (GB ) 四级质量指标的菜油 Benchmark delivery product: Grade 4 quality standard rapeseed oil conforming to regulations of National Standard of the People s Republic of China, Rapeseed Oil (GB ). 替代品及升贴水 : Substitute, premium and discount: ( 一 ) 符合 GB 规定的三级 二级 一级质量指标的菜油可以替代交割, 无升贴水 (1) Rapeseed oil conforming to the quality standard of grade 3, grade 2 and grade 1 stipulated by GB can be substituted for delivery without premiums and discounts. ( 二 ) 加热试验 (280 ) 项目中, 仅 0.5 蓝色增加值 1.0, 其他指标符合基准交割品质量要求的菜油, 可以替代交割, 贴水 30 元 / 吨 该菜油须以菜籽原油标示 (2) In the examination of Heating Experiment (280 ), only rapeseed oil which added value of blue is greater than or equal to 0.5 and less than or equal to 1.0, and other indicators conforming to quality requirements of benchmark delivery product can be substituted for delivery with a discount of 30 yuan/metric ton. This rapeseed oil shall be labeled by original rapeseed oil. 第三十条自每年 6 月 1 日 ( 含该日 ) 起至当年 12 月 1 日止 ( 不含该日 ) 入库的菜油, 其酸值不得超过 2.3mg/g, 过氧化值不得超过 3.5mmol/kg, 色泽黄 35 红不超过 6.0

17 Article 30 For rapeseed oil which is warehoused on the day from June 1st (including the day) of every year to December 1st (excluding this day) of the same year, its acid value shall not exceed 2.3mg/g, peroxide value shall not exceed 3.5mmol/kg with a color of yellow not exceeding 35 and red not exceeding 6.0. 自每年 12 月 1 日 ( 含该日 ) 起至次年 6 月 1 日止 ( 不含该日 ) 入库的菜油, 其酸值不得超过 2.5mg/g, 过氧化值不得超过 4.0mmol/kg, 色泽黄 35 红不超过 6.5 For rapeseed oil which is warehoused from December 1st (including this day) of each year to June 1st (excluding this day) of next year, its acid value shall not exceed 2.5mg/g, peroxide value shall not exceed 4.0mmol/kg with a color of yellow not exceeding 35 and red not exceeding 6.5. 菜油出库时, 其过氧化值不得超过 5.5mmol/kg During dispatch, the peroxide value of rapeseed oil shall not exceed 5.5mmol/kg. 第八节菜粕 Section 8 Rapeseed Meal 第三十一条交割单位 :10 吨 Article 31 Delivery unit: 10 metric tons. 第三十二条菜粕交割标准适用国家标准及本细则规定 Article 32 National standards and regulations of these detailed rules shall apply to the delivery standards of rapeseed meal. 基准交割品 : 符合 中华人民共和国国家标准饲料用菜籽粕 (GB/T ) ( 以下简称 菜粕国际 ) 四级质量指标 氢氧化钾蛋白质溶解度不低于 35.0% 的菜粕, 粗脂肪和赖氨酸指标不作要求 Benchmark delivery product: Grade 4 rapeseed meal conforming to National Standard of the People s Republic of China, Rapeseed Meal for Fodder Use (GB/T ) (hereinafter referred to as National Standard for Rapeseed Meal) with solubility of potassium hydroxide protein no less than 35%. There are no requirements for the indices of crude fat and lysine. 替代品及升贴水 :

18 Substitute, premium and discount: ( 一 ) 氢氧化钾蛋白质溶解度不低于 35.0%,34.5% 粗蛋白质 <35.0%, 贴水 35 元 / 吨 ;34.0% 粗蛋白质 <34.5%, 贴水 70 元 / 吨, 其他指标符合 菜粕国际 四级质量指标, 其中粗脂肪和赖氨酸指标不作要求 (1) A 35 yuan/metric ton discount shall be applied for rapeseed meal with solubility of potassium hydroxide protein no less than 35% and crude protein greater than or equal to 34.5% but less than 35.0%. A 70 yuan/metric ton discount shall be applied for rapeseed meal with crude protein greater than or equal to 34.0% but less than 34.5%, and other indices shall comply with fourth grade quality standard of National Standard for Rapeseed Meal. There are no requirements for the indices of crude fat and lysine. ( 二 )95 型菜粕 进口菜粕不允许交割 (2) Delivery is prohibited for type 95 rapeseed meal and imported rapeseed meal. 第三十三条菜粕包装应符合以下规定 : 包装物为新编织袋, 编织袋要求不破 不漏 对包装物的卫生要求为无毒害物质污染, 无油污, 无霉变, 无严重的煤灰 石灰 铁锈 泥土 水渍等污染 出现潮包 流包 真结块 有异味, 不得入库 Article 33 Packaging for rapeseed meal shall meet the following requirements: Wrappage shall be new woven bag with no breaks and no leaks. In order to meet hygiene requirements, package shall have no toxic substances, no oil stains, no mildews, no serious pollutions of coal ashes, limes, iron rusts, muds, water spots and etc. Rapeseed meal shall not be warehoused in the event of moisture, liquid, lump or peculiar smell. 国产菜粕编织袋上须有取得 饲料生产企业审查合格证 货物生产企业名称 地址 联系电话 产品名称 净重 ( 千克 ) 标识 是否转基因等 在编织袋上缝制印有产品执行标准 质量指标 生产日期 产品保质期 ( 生产日期起不低于 6 个月 ) 的标签 Domestic produced woven bags shall have Inspection Certificate of Fodder Production Enterprise, and shall be marked with the name of goods production enterprise, address, contact numbers, product name, net weight (kg) mark, whether it is genetically modified and etc. Tags printed with information of implementation standard of product, quality index, production date and expiration date (at least 6 months after production date) shall be sewn on the woven bags. 同一客户同一批次交割的菜粕包装要求规格统一 As to the same client with the same order, delivered rapeseed meal shall use the same

19 package. 第九节早籼稻 Section 9 Early Indica Rice 第三十四条交割单位 :20 吨 Article 34 Delivery unit: 20 metric tons. 第三十五条早籼稻交割适用国家标准 国家相关规定及本细则规定 Article 35 National standards, relevant state regulations and regulations of these detailed rules shall apply to the delivery of early indica rice. 基准交割品 : 符合 中华人民共和国国家标准稻谷 (GB ) 的三等及以上等级质量指标的早籼稻谷 Benchmark delivery product: Grade 3 and higher grade early long-grain non-glutinous rice conforming to National Standard of the People s Republic of China, Rice (GB ). 替代品及升贴水 : Substitute, premium and discount: ( 一 ) 早籼稻入库时 : 水分 13.5% 的, 足量入库 ;13.5%< 水分 14.5% 的, 以 13.5% 为基准, 水分每超 0.1%, 扣量 0.2% 早籼稻出库时 : 水分 <13.5% 的, 足量出库 ;13.5%< 水分 14.5% 的, 以 13.5% 为基准, 水分每超 0.1%, 补量 0.2%, 由仓库承担 ( 仅适用于江西 湖南 湖北等主产区 ) (1) Entering warehouse: Early indica rice with moisture of no more than 13.5% shall be warehoused in full amount; early indica rice with moisture of more than 13.5% but no more than 14.5% shall be warehoused with a deduction amount of 0.2% for every 0.1% moisture that exceeds 13.5%. Departing from warehouse: Early indica rice with moisture of less than 13.5% shall be departed in full amount; in case that the moisture of early indica rice is more than 13.5% and less than or equal to 14.5%, there shall be a make-up amount of 0.2% for every 0.1% moisture that exceeds 13.5% and the make-up amount shall be assumed by the warehouse (only apply to Jiangxi, Hunan, Hubei and other main production areas).

20 ( 二 )1.0%< 杂质 1.5% 的, 入库扣量 ( 出库补量 )0.5%;1.5%< 杂质 2.0% 的, 入库扣量 ( 出库补量 )0.5% (2) In case that the impurity content of early indica rice is more than 1.0% but less than or equal to 1.5%, quantity deduction of 0.5% shall be needed when early indica rice enters warehouse (quantity addition is needed when early indica rice departs from warehouse); in case that the impurity content of early indica rice is more than 1.5% but less than or equal to 2.0%, quantity deduction of 0.5% shall be needed when early indica rice enters warehouse (quantity addition shall be needed when early indica rice departs from warehouse). 第三十六条入出库脂肪酸值及黄粒米指标规定如下 : Article 36 When early indica rice enters or departs from warehouse, the regulations of indexes of fatty acid value and the yellow-colored rice shall be as follows: ( 一 ) 入库时, 脂肪酸值 19mg/100g( 干基 ) 且黄粒米 0.5% 的, 升贴水为零 ; 出库时, 脂肪酸值 22mg/100g( 干基 ) 且黄粒米 <0.7% (1) Entering warehouse, in case that the fatty acid value of early indica rice is no more than 19mg/100g (dry basis) and the proportion of yellow colored rice among early indica rice is less than or equal to 0.5%, there shall be a zero premium or discount. Departing from warehouse, the fatty acid value of early indica rice shall be no more than 22mg/100g (dry basis) and the proportion of yellow-colored rice among early indica rice shall be less than 0.7%. ( 二 ) 入库时,19mg/100g( 干基 )< 脂肪酸值 25mg/100g( 干基 ) 且黄粒米 0.7% 的, 可替代交割, 升贴水由交易所另行公告 ; 出库时, 脂肪酸值 28mg/100g( 干基 ) 且黄粒米 1.0% (2) Entering warehouse, in case that the fatty acid value of early indica rice is more than 19mg/100g (dry basis) but no more than 25mg/100g (dry basis) and the proportion of yellow-colored rice among early indica rice is less than or equal to 0.7%, the substitute can be delivered and the premium or discount shall be separately announced by ZCE. Departing from warehouse, the fatty acid value of early indica rice shall be no more than 28mg/100g (dry basis) and the proportion of yellow colored rice among early indica rice shall be no more than 1.0%. 第十节晚籼稻 Section 10 Late Indica Rice

21 第三十七条交割单位 :20 吨 Article37 Delivery unit: 20 metric tons. 第三十八条晚籼稻 ( 含中籼稻, 下同 ) 交割适用国家标准 国家相关规定及本细则规定 Article 38 National standards, relevant state regulations and regulations of these detailed rules shall apply to the delivery of late indica rice (including medium indica rice, similarly hereinafter). 基准交割品 : 符合 中华人民共和国国家标准稻谷 (GB ) 三等及以上等级质量指标的晚籼稻, 垩白粒率 30% 且粒型 ( 长宽比 ) 2.8 Benchmark delivery product: Grade 3 and higher grade late indica rice conforming to National Standard of the People s Republic of China, Rice (GB ), with the chalkiness rate less than 30% and the grain shape (aspect ratio) more than 2.8. 替代品及升贴水 : 晚籼稻各质量指标与基准交割品差异符合以下规定的, 可以通过升贴水替代交割 Substitute, premium and discount: In case that the differences between quality indices and benchmark delivery product comply with the following regulations, substitute delivery can be implemented through premium and discount. ( 一 ) 晚籼稻入库时 : 水分 13.5% 的, 足量入库 ; 水分 >13.5% 的, 以 13.5% 为基准, 水分每超 0.1%, 扣量 0.2% 每年 10 月 1 日 ( 含该日, 下同 ) 起至次年 3 月 31 日止入库的晚籼稻, 水分不得超过 15.0%, 其他时间入库的晚籼稻, 水分不得超过 14.5% 晚籼稻出库时 : 水分 13.5% 的, 足量出库 ; 水分 >13.5% 的, 以 13.5% 为基准, 水分每超 0.1%, 补量 0.2%, 由仓库承担 ( 本款仅适用于江西 湖南 湖北 安徽等主产区 ) (1) Entering warehouse: Late indica rice with moisture of no more than 13.5% shall be warehoused in full amount; late indica rice with moisture of more than 13.5% shall be warehoused with a deduction amount of 0.2% for every 0.1% moisture that exceeds 13.5%; as to the late indica rice warehoused on the day from October 1st (including the day, similarly hereinafter) each year to March 31st next year, the moisture shall be no more than 15.0%, and as to late indica rice warehoused in the other period of time, the moisture shall be no more than 14.5%. Departing from warehouse: Late indica rice with moisture of no more than 13.5% shall be departed in full amount; in case that the moisture of late indica rice is more than 13.5%, there shall be a make-up amount of 0.2% for every 0.1% moisture that exceeds 13.5% and the makeup amount shall be borne by the warehouse (only apply to Jiangxi, Hunan, Hubei and other main production areas).

22 ( 二 )1.0%< 杂质 1.5% 的, 入库扣量 ( 出库补量 )0.5%;1.5%< 杂质 2.0% 的, 入库扣量 ( 出库补量 )1.0% (2) In case that the impurity content of late indica rice is more than 1.0% but less than or equal to 1.5%, quantity deduction of 0.5% shall be needed when late indica rice enters warehouse (quantity addition shall be needed when late indica rice departs from warehouse); in case the impurity content of late indica rice is more than 1.5% but less than or equal to 2.0%, quantity deduction of 1.0% shall be needed when late indica rice enters warehouse (quantity addition is needed for when late indica rice departs from warehouse). ( 三 )30%< 垩白粒率 40% 且粒型 ( 长宽比 ) 2.8 的, 贴水 150 元 / 吨 (3) In case that the chalkiness rate of late indica rice is more than 30% but less than or equal to 40%, and the grain shape (aspect ratio) is more than or equal to 2.8, 150 yuan/metric ton discount shall be applied. 第三十九条入出库脂肪酸值及黄粒米指标规定如下 : Article 39 When late indica rice enters or departs from warehouse, the regulations of indexes of fatty acid value and the yellow-colored rice shall be as follows: 每年 10 月 1 日起至次年 3 月 31 日止入库的晚籼稻, 脂肪酸值不得高于 19mg/100g ( 干基 ), 黄粒米不得高于 0.3%; 其他时间入库的晚籼稻, 脂肪酸值不得高于 22mg/100g( 干基 ), 黄粒米不得高于 0.5% If the late indica rice is warehoused on the day from the October 1st to the next March 31st, the fatty acid value of late indica rice shall be no more than 19mg/100g (dry basis) and the proportion of yellow colored rice among late indica rice shall be no more than 0.3%; If the late indica rice is warehoused in the other period of time, the fatty acid value of which shall be no more than 22mg/100g (dry basis) and the proportion of yellow colored rice among late indica rice shall be no more than 0.5%. 每年 10 月 1 日起至次年 3 月 31 日止出库的晚籼稻, 脂肪酸值不得高于 22mg/100g ( 干基 ), 黄粒米不得高于 0.5%; 其他时间出库的晚籼稻, 脂肪酸值不得高于 25mg/100g( 干基 ), 黄粒米不得高于 0.7% As to the late indica rice departs from the warehouse on the day from the October 1st to the next March 31st, the fatty acid value shall be no more than 22mg/100g (dry basis) and the proportion of yellow colored rice among late indica rice shall be no more than 0.5%; as to the late indica rice departs from the warehouse in the other period of time, the fatty acid value shall be no more than 25mg/100g (dry basis) and the proportion of yellow colored rice among late indica rice shall be no more than 0.7%.

23 厂库仓单出库时, 脂肪酸值和黄粒米指标按对应期间入库规定执行 When factory warrant departs from factory, the fatty acid value and the yellow rice rate shall comply with their corresponding standard of entering warehouse. 第四十条垩白粒率及粒型 ( 长宽比 ) 的检验按照 中华人民共和国国家标准优质稻谷 (GB/T ) 执行 脂肪酸值的检验按照 稻谷储存品质判定规则 (GB/T ) 执行 Article 40 The inspection of chalkiness rate and the grain shape (aspect ratio) shall conform to National Standard of the People s Republic of China, High Quality Rice (GB/T ). The inspection of the fatty acid value of late indica rice shall follow the regulations in Determination Rules of Rice Storage Quality (GB/T ). 第十一节粳稻 Section 11 Japonica Rice 第四十一条交割单位 :20 吨 Article 41 Delivery unit: 20 metric tons. 第四十二条粳稻交割适用国家标准 国家相关规定及本细则规定 Article 42 National standards, relevant state regulations and regulations of these detailed rules shall apply to the delivery of japonica Rice. 基准交割品 : 符合 中华人民共和国国家标准稻谷 (GB , 以下简称 稻谷国标 ) 的二等粳稻谷, 且垩白粒率 30% Benchmark delivery product: Grade 2 japonica rice with chalkiness rate less than or equal to 30% which conforms to regulations of National Standard of the People s Republic of China, Rice (GB ), National Standard for japonica Rice in short hereinafter). 替代品及升贴水 : 粳稻各质量指标与基准交割品差异符合以下规定的, 可以通过升贴水替代交割 Substitute, premium and discount: in case that the differences between quality indices and benchmark delivery products comply with the following regulations, premium

24 and discount substitute delivery can be implemented. ( 一 ) 出糙率和整精米率指标符合 稻谷国标 一等和三等质量指标要求的, 一等升水 60 元 / 吨, 三等贴水 80 元 / 吨 (1) In case that the ratio between the weight of husked perfect kernel plus half of imperfect kernel and the weight of examination sample and polish rice rate comply with quality standard of degree 1 and degree 3 in National Standard for Japonica Rice, 60 yuan/metric ton premium for degree 1 and an 80 yuan/metric ton discount for degree 3 shall be applied. ( 二 ) 粳稻入库时 : 水分 14.5% 的, 足量入库 ;14.5%< 水分 15.0% 的, 以 14.5% 为基准, 水分每超 0.1%, 扣量 0.2% 粳稻出库时 : 水分 14.5% 的, 足量出库 ; 14.5%< 水分 15.0% 的, 以 14.5% 为基准, 水分每超 0.1%, 补量 0.2%, 由仓库承担 (2) Entering warehouse: Japonica rice with moisture of no more than 14.5% shall be warehoused in full amount; japonica rice with moisture of more than 14.5% and no more than 15.0% shall be warehoused with a deduction amount of 0.2% for every 0.1% moisture that exceeds 14.5%. Departing from warehouse: Japonica rice with moisture of no more than 14.5% shall be departed in full amount; in case that the moisture of japonica rice is more than 14.5% and no more than 15.0%, there shall be a make-up amount of 0.2% for every 0.1% moisture that exceeds 14.5% and the make-up amount shall be borne by the warehouse. ( 三 )1.0%< 杂质 1.5% 的, 入库扣量 ( 出库补量 )0.5%;1.5%< 杂质 2.0% 的, 入库扣量 ( 出库补量 )1.0% (3) In case that the impurity content is greater than 1.0%, but equal to or less than 1.5%, there shall be a deduction amount of 0.5% for warehouse entry (a make-up amount shall be needed when japonica rice departs from warehouse); in case that the impurity content is greater than 1.5% but equal to or less than 2.0%, there shall be a deduction amount of 1.0% for warehouse entry (a make-up amount shall be needed when japonica rice departs from warehouse). ( 四 )30%< 垩白粒率 40% 的, 贴水 50 元 / 吨 ; 垩白粒率 >40% 的, 贴水 100 元 / 吨 (4) In case that the chalkiness rate is greater than 30%, but equal to or less than 40%, there shall be a 50 yuan/metric ton discount; in case that the chalkiness rate is greater than 40%, there shall be a 100 yuan/metric ton discount. ( 五 )2.0%< 谷外糙米 4.0% 的, 升贴水为零 ( 仅适用于黑龙江 吉林 辽宁三省 )

25 (5) When the broken rice (caused by processing machines) rate is greater than 2.0%, but equal to or less than 4.0%, there shall be a zero premium or discount (only apply to Heilongjiang, Jilin and Liaoning three provinces). 第四十三条入出库脂肪酸值及黄粒米指标规定如下 : Article 43 When japonica rice enters or leaves warehouse, the regulations of indexes of fatty acid value and the yellow-colored rice shall be as follows: 每年 10 月 1 日 ( 含该日, 下同 ) 起至次年 3 月 31 日止入库的粳稻, 脂肪酸值不得高于 16mg/100g( 干基 ), 黄粒米不得高于 0.1%; 其他时间入库的粳稻, 脂肪酸值不得高于 19mg/100g( 干基 ), 黄粒米不得高于 0.3% As to the japonica rice is warehoused on the day from October 1st (including the day, similarly hereinafter) every year to the March 31st next year, the fatty acid value shall be no more than 16mg/100g (dry basis),and the yellow rice rate shall be no more than 0.1%; as to the japonica rice is warehoused in the other period of time, the fatty acid value shall be no more than 19mg/100g (dry basis) and the yellow rice rate shall be no more than 0.3%. 每年 10 月 1 日起至次年 3 月 31 日止出库的粳稻, 脂肪酸值不得高于 19mg/100g ( 干基 ), 黄粒米不得高于 0.3%; 其他时间出库的粳稻, 脂肪酸值不得高于 22mg/100g( 干基 ), 黄粒米不得高于 0.5% As to the japonica rice departing from warehouse on the day from October 1st every year to the March 31st next year, the fatty acid value shall be no more than 19mg/100g (dry basis), and the yellow rice rate shall be no more than 0.3%; as to the japonica rice departing from warehouse in the other period of time, the fatty acid value shall be no more than 22mg/100g (dry basis) and the yellow rice rate shall be no more than 0.5%. 厂库仓单出库时, 脂肪酸值和黄粒米指标按对应期间入库规定执行 When factory warrant departs from factory, the fatty acid value and the yellow rice rate of japonica rice shall comply with their corresponding standard of entering warehouse. 第四十四条垩白粒率的检验按照 中华人民共和国国家标准优质稻谷 (GB/T ) 中的规定执行 脂肪酸值的检验按照 稻谷储存品质判定规则 (GB/T ) 中的规定执行 Article 44 The inspection of chalkiness rate shall conform to National Standard of the People s Republic of China, High Quality Rice (GB/T ). The inspection of the fatty acid value shall follow the regulations in Determination Rules

26 of Rice Storage Quality (GB/T ). 第十二节甲醇 Section 12 Methanol 第四十五条交割单位 :10 吨 Article 45 Delivery unit: 10 metric tons. 第四十六条甲醇交割适用国家标准及本细则规定 Article 46 National standards and regulations of these detailed rules shall apply to the delivery of methanol. 基准交割品 : 符合 中华人民共和国国家标准工业用甲醇 (GB ) 规定的优等品甲醇, 其中 乙醇的质量分数 指标不作要求 Benchmark delivery product: High-class methanol conforming to regulations of National Standard of the People s Republic of China, Methanol for Industrial Use (GB ), and indicator of quality scores of ethanol shall not be required. 第十三节玻璃 Section 13 Flat glass 第四十七条交割单位 :20 吨 Article 47 Delivery unit: 20 metric tons. 第四十八条玻璃交割适用国家标准及本细则规定 Article 48 National standards and regulations of these delivery rules shall apply to the delivery of flat glass. 基准交割品 : 符合 中华人民共和国国家标准平板玻璃 (GB )( 以下简称 国标 ) 的 5mm 无色透明平板玻璃 ( 不大于 2m 2.44m) 一等品

27 Benchmark delivery product: Grade 1 (no greater than 2m 2.44m) colorless and transparent 5mm flat glass conforming to regulations of National Standard of the People s Republic of China, Flat Glass (GB ) (hereinafter referred to as National Standard). 替代品及升贴水 : 符合国标规定的 4mm 无色透明平板玻璃 ( 不大于 2m 2.44m) 一等品, 无升贴水 Substitute, premium and discount of delivery: Grade 1 (no greater than 2m 2.44m) colorless and transparent 4mm flat glass conforming to National Standard, no premium and discount of delivery. 第十四节动力煤 Section 14 Thermal Coal 第四十九条交割单位 :20000 吨 Article 49 Delivery unit: 20,000 metric tons. 以船舶接货时, 单船重量溢短范围为 ±500 吨 ( 含 ) 以内 在重量溢短规定范围内, 交易所依据实际重量进行结算 溢货超出规定范围的, 买卖双方对超出部分协商解决并自行结算 短货超出规定范围的, 卖方需及时补装至规定范围以内 ; 无法补装的, 在计算货款时, 交易所对短货超出规定范围的部分双倍扣减 ; 双方协商一致的除外 When receiving commodities by ship, the weight range of shortage and surplus of single ship shall be within ±500 metric tons. Within this range, ZCE shall conduct the clearing pursuant to the actual weight. When overweight, both parties shall negotiate about the surplus parts and conduct the clearing by themselves; when it is shortage, the seller shall replenish the goods until it is within the range; in case that the seller fails to do so, when calculating the payment, ZCE shall double deduct the payment of shortage unless both parties have reached an agreement. 短货超出规定范围时双倍扣减的计算公式为 : 单船结算重量 = 应交重量 -500-( 应交重量 实测重量 ) 2 The formula to calculate the shortage by double deduction shall be: single ship clearing weight=weight receivable-500-(weight receivable-500-actual weight)x2. 第五十条动力煤交割检验指标检测方法适用国家相关标准

28 Article 50 National standards shall apply to the delivery inspection index and methodology of thermal coal. 基准交割品 : 收到基低位发热量为 5500 千卡 / 千克, 干燥基全硫 0.6%,30% 干燥无灰基挥发分 42%, 干燥基灰分 30%, 全水 20% 的动力煤 Benchmark delivery product: Thermal coal with net calorific value as received basis shall be 5500kc/kg, and total sulphur as air dried basis shall be less than or equal to 0.6%, dry-ash-free volatile matter shall be greater than or equal to 30%, but less than or equal to 42%, ash content as air dried basis shall be less than or equal to 30%, total moisture shall be equal to or less than 20%. 替代品及升贴水 : 收到基低位发热量 4800 千卡 / 千克, 干燥基全硫 1%,30% 干燥无灰基挥发分 42%, 干燥基灰分 30% 的动力煤 Substitute, premium and discount: Net calorific value as received basis shall be equal to or greater than 4800kc/kg, and total sulphur as air dried basis shall be equal to or less than 1%, dry-ash-free volatile matter shall be equal to or greater than 30%, but equal to or less than 42%, ash content as air dried basis shall be equal to or less than 30%. 收到基低位发热量为 5000 千卡 / 千克时, 货款结算价 ( 四舍五入, 保留小数点后两位 )= 交割结算价 -90;4800 千卡 / 千克 收到基低位发热量 <5300 千卡 / 千克时, 货款结算价 ( 四舍五入, 保留小数点后两位 )=( 交割结算价 -90)/5000 实测发热量 ; 收到基低位发热量 5300 千卡 / 千克时, 货款结算价 ( 四舍五入, 保留小数点后两位 )= 交割结算价 /5500 实测发热量 ; 收到基低位发热量超过 6000 千卡 / 千克的, 按 6000 千卡 / 千克计算货款 When net calorific value as received basis is 5000kc/kg, payment clearing price (by rounding off, two decimal numbers)=delivery clearing price-90; when net calorific value as received basis is equal to or greater than 4800kc/kg, but less than 5300kc/kg, payment clearing price (by rounding off, two decimal numbers)=(delivery clearing price-90)/ 5000 actual caloric value; when net calorific value as received basis is equal to or greater than 5300kc/kg, payment clearing price (by rounding off, two decimal numbers) =delivery clearing price/ 5500 actual caloric value; when net calorific value as received basis is greater than 6000kc/kg, it shall be considered as 6000kc/kg for payment calculation. 0.6%< 干燥基全硫 1% 时, 以 0.6% 为基准, 每高 0.1( 四舍五入, 保留小数点后一位 ) 个百分点, 贴水 4 元 / 吨 When total sulphur as air dried basis is greater than 0.6% and equal to or less than 1%, there will be a 4 yuan/metric ton discount for every 0.1% (by rounding off, one decimal number) of that exceeds 0.6%.

29 全水 >20% 的动力煤可以交割 全水 >20% 时, 以 20% 为基准, 按照超出部分 ( 四舍五入, 保留小数点后一位 ) 扣减重量 ( 例如, 实测全水为 21.32%, 扣重 1.3%) Thermal coal with total moisture greater than 20% can be used for delivery. When total moisture is greater than 20%, use 20% as a benchmark, and deduct the extra weight (by rounding off, one decimal number) (for instance, if actual total moisture is 21.32%, 1.3% shall be deducted). 第十五节硅铁 Section 15 Ferrosilicon 第五十一条交割单位 :35 吨 ( 净重 ) Article 51 Delivery unit: 35 metric tons (net weight). 第五十二条硅铁交割适用国家标准及本细则规定 Article 52 National standards and regulations of these detailed rules shall apply to the delivery of ferrosilicon. 基准交割品 : 符合 中华人民共和国国家标准硅铁 (GB/T ) 规定牌号为 FeSi75-B( 硅含量 72.0% 磷含量 0.04% 硫含量 0.02% 碳含量 0.2%) 粒度为 10-60mm 的硅铁, 其中 : 锰 铬含量不作要求 ; 粒度偏差筛下物不大于 5%, 筛上物不大于 8% Benchmark delivery product: Ferrosilicon with grade level FeSi75-B (silicon content shall be greater than or equal to 72.0%, phosphorus content shall be less than or equal to 0.04%, sulphur content shall be less than or equal to 0.02%, and carbon content shall be less than or equal to 0.2%.) and particle size between 10 and 60mm, conforming to regulations of National Standard of the People s Republic of China, Ferrosilicon (GB/T ). Manganese content and chromium content shall not be required; the undersize part and oversize part sieved in accordance with particle size standard above shall not be no greater than 5% and 8%, respectively. 第五十三条硅铁交割品包装物采用双层 中间加固拦腰围带的塑料编织袋 包装袋上应标明产品名称 产品牌号 执行标准及生产企业名称 单包净重为 1000 ±10 公斤 Article 53 The package of ferrosilicon to be delivered shall be plastic woven bag which is double-layer and with reinforced belt wrapping in the middle of the bag. The

30 packaging bag shall be printed with the information of product name, product grade, implementation standard, and the manufacturing enterprise name. The net weight of each single bag shall be 1000±10 kilograms. 硅铁交割品按照净重结算, 包装物按照 2.5 公斤 / 条标准扣除重量, 包装物价格包含在硅铁合约价格中 The ferrosilicon to be delivered shall be settled in accordance with net weight. The weight of packaging material shall be excluded complying with the calculation standard of 2.5 kilograms per piece. 第十六节锰硅 Section 16 Manganese Silicon 第五十四条交割单位 :35 吨 ( 净重 ) Article 54 Delivery unit: 35 metric tons (net weight). 第五十五条锰硅交割适用国家标准及本细则规定 Article 55 National standards and regulations of these detailed rules shall apply to the delivery of manganese silicon. 基准交割品 : 符合 中华人民共和国国家标准锰硅合金 (GB/T ) 规定牌号为 FeMn68Si18( 锰含量 65.0% 硅含量 17.0% 碳含量 1.8% 磷含量 0.25% 硫含量 0.04%) 粒度为 10-60mm 的锰硅, 其中 : 粒度偏差筛下物不大于 5%, 筛上物不大于 8% Benchmark delivery product: Manganese silicon with grade level FeMn68Si18 (manganese content shall be greater than or equal to 65.0%, silicon content shall be greater than or equal to 17.0%, carbon content shall be less than or equal to 1.8%, phosphorus content shall be less than or equal to 0.25%, and sulphur content shall be less than or equal to 0.04%.) and particle size between 10 and 60mm, conforming to regulations of National Standard of the People s Republic of China, Manganese Silicon (GB/T ). The undersize part and oversize part sieved in accordance with particle size standard above shall not be greater than 5% and 8%, respectively. 第五十六条锰硅交割品包装物采用双层 中间加固拦腰围带的塑料编织袋 包装袋上应标明产品名称 产品牌号 执行标准及生产企业名称 单包净重为 1000