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SHFE amends Zinc contract enforcement regulations

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SHANGHAI (Scrap Register): The Shanghai Futures Exchange (SHFE) has revised the Standard Zinc Futures Contract of Shanghai Futures Exchange and the Delivery Regulations of Shanghai Futures Exchange in terms of delivery grades and contract name, reported SMM.

After amendment, trading unit is 5 tonnes per lot for zinc futures contract, and delivery unit is 25 tonnes per warrant. Delivery must be made at integral multiples of each warrant said the Exchange in a press release.

The amendment will come into force March 27, 2017.

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