Group 1 - The standard warehouse receipt for polypropylene futures can be transferred across months but is subject to a validity period limitation [1] - The validity of the polypropylene standard warehouse receipt is until the last trading day of March each year, meaning all receipts must be canceled by that date [1] - As long as the receipt has not been canceled, it can theoretically be transferred between different months [1] Group 2 - Transfers must be handled through a member, and clients cannot operate independently [2] - Two settlement methods are available: exchange settlement, which requires a transfer fee, and self-settlement, which does not incur fees but requires the buyer to handle payment and invoicing [2] - The trading cycle for warehouse receipts is from the registration date to the fifth trading day before the receipt is about to expire, meaning no transactions can occur within the last five trading days before expiration [2] Group 3 - Cross-month transfer in futures refers to the process where traders transfer their futures contracts from the current month to the next delivery month before expiration [2] - The primary purpose of this operation is to maintain the continuity of positions, as futures contracts have fixed expiration dates [2] - For example, when the main contract (the one with the highest trading volume) approaches expiration, investors will shift their positions to a later month contract to avoid delivery or contract expiration interruptions [2]
聚丙烯期货标准仓单可以跨月转让吗
Jin Tou Wang·2026-01-07 09:44