The tick size for Matif rape is € 0.25 per ton (total contract: € 12.50). The delivery months are February, May, August, November, etc. so that there is always 10 contracts are traded. The last trading day is the last working day of the month preceding the delivery month until 18:30. The standard quality specifications are as follows:
Base oil content: 40% moisture based on 9%, based impurities: 2%, maximum acid value oil: 2% maximum erucic acid: 2% maximum glucosinolate content 25 micromoles
MATIF (Marché à Terme International de France) is a former futures exchange in France. It was merged with the merger of the Paris Bourse with Euronext NV to Euronext Paris, which belongs to the exchange operator Euro Next.