Sugar

Sugar has been produced in the Indian subcontinent since ancient times. It was not plentiful or cheap in early times—honey was more often used for sweetening in most parts of the world.

SymbolSK
Contract size10 metric tons
Price QuotationKES per metric tons
Contract ListingsMarch, May, July, September, December
Min. price movement kes 25 per contract
SettlementCash settled
Daily price limitNone
Deliverable GrowthsSouth Africa, Malawi, Mozambique, Zimbabwe
First trading dayA new contract month shall be eligible to be listed for trading on the first business day of the calendar month that proceeds the contract month by 24 calendar months.
Delivery PointsAny port at country of origin
First notice dayTen business days prior to first business day of delivery month.
Last trading dayOne business day prior to last notice day.
Last notice dayTen business days prior to last business day of delivery month.
Position limitsRefer to full contracts and rule book.
Maintenance marginAll maintenance margin requirements and calculations will be based on the settlement price determined according to this rule

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