Notice on the Release of New Iron Ore Futures Deliverable Brands, Adjustments of Premiums
Notice on the Release of New Iron Ore Futures Deliverable Brands, Adjustments of Premiums and Discounts and Relative Matters
Ref: No. 49 [2021] DCE
January 27, 2021
Dalian Commodity Exchange
To entities concerned:
According to the Article 5 of the Detailed Rules of Iron Ore Futures of Dalian Commodity Exchange, deliverable brands of iron ore futures and the premiums and discounts will be adjusted. The relevant detailed matters are hereby released:
1. Benxi Steel Concentrate, IOC6, Kumba and AGGLOMERATE CONCENTRATE will be added as iron ore deliverable brands. Their premiums and discounts are 0 CNY/MT, -20 CNY/MT, 10 CNY/MT and 65 CNY/MT respectively;
2. Premiums and discounts of existing deliverable brands will be adjusted. Please refer to the attachment for details.
The above new deliverable brands and the adjusted premiums and discounts will be applicable since the Iron Ore Futures Contract 2202.
From the first trading day of February 2022, standard warehouse receipts will be registered in accordance with the adjusted deliverable brands and their premiums and discounts. Standard warehouse receipts registered in accordance with the existing regulations shall not be used for the delivery of Iron Ore Future Contract 2202 and subsequent contracts.
This notice is hereby released.
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.
