Scope

The standard herein (the "Standard") stipulates the quality standards, classification standards and inspection methods for No.2 soybean delivered at DCE.

The Standard applies to standard products and substitute products delivered under the No. 2 soybean futures contract of DCE.

The soybeans as stated in the Standard refer to those soybeans with yellow or pale yellow seed coat and whose navel is yellow-brown, light-brown, dark-brown, black or in other colors.

Cited rules and standards

The provisions of the following documents are incorporated as the provisions of the Standard by reference. For those cited documents noted with dates, all of their following amendments (excluding corrections) and revised versions shall not be applied to the Standard; for those without noted dates, their latest versions shall be applied to the Standard.

GB 1352 Soybeans

GB/T 26631 Grain and Oil Terminologies - Physicochemical Features and Quality

SN/T 0798 Inspection of Grain, Oil, and Feed for Import and Export: Terminologies of Inspection

SN/T 0800.1 Inspection of Grain, Oil, and Feed for Import and Export: Methods for Sampling and Sample Preparation

Definitions

The following definitions shall be applied in this Standard:

3.1  Crude fat, crude protein and moisture: subject to the relevant explanations in GB/T 26631

3.2  Impurities, broken and damaged kernels, color and odor: subject to the relevant explanations in GB 1352

3.3  Heat-damaged kernels: subject to the relevant explanations in SN/T 0798

Quality Guidelines

4.1  Quality requirements of standard products under No. 2 soybean futures contract:

Crude Fat

(Wet Basis) %

Crude Protein

(Wet Basis) %

Moisture (%)

Impurities (%)

Broken Kernels (%)

Damaged Kernels (%)

Color and Odor

Total

Heat Damaged Kernels (%)

≧18.5

≧34.5

≤13

≤1.0

≤15.0

(Load-in)

≤20.0

(Load-out)

≤4.0

(Load-in)

≤8.0

(Load-out)

≤1.5

(Load-in)

≤3.0

(Load-out)

Normal

 

4.2  Premium/discount by quality difference under

Item

Quality Standard (%)

Scope of Tolerance (%)

Premium/Discount (CNY/MT)

Crude Protein

(Wet Basis)

34.5

33.5 and <34.5

-50

4.3  Hygienic inspection and animal and foliage quarantine shall be subject to GB 1352.

Inspection methods

General rules of inspection, and inspection of crude fat, crude protein, moisture, impurities, broken, damaged and heat-damaged kernels, color and odor shall be subject to GB 1352; Methods of sampling and sample preparation shall be subject to SN/T 0800.1.

Additional note

The Standard shall be subject to the interpretation of DCE.

Disclaimer: This English translation may be used for reference only. In cases there is any discrepancy between the English version and the original Chinese version, the original Chinese version shall prevail. Dalian Commodity Exchange may change or update this English translation without any prior notice and shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or change with regard to this English translation.

 

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