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New Products

New Products

Specifications
Q1.Specification
ItemContent
ProductIron Ore
CodeI
Unit100 MT/lot
QuotationYuan (RMB)/MT
Mini Price Fluctuation0.5 Yuan (RMB)/MT
Daily Price Limit≦ previous daily settlement ±4%
Listed ContractMonthly contracts (12 contracts per year)
Trading Hours9:00 am - 11:30 am,1:30 pm - 3:00 pm
9:00 pm - 11:30 pm (or others specified by DCE)
Last trading Day10th trading day of the delivery month
Delivery Period3 consecutive days after the last trading day
Delivery GradesIn accordance with DCE Iron Ore Delivery Quality Standard
Delivery VenuesSettlement warehouses designated by DCE
Minimum MarginContract Value 5%
Settlement TypePhysical

Risk Disclosure:Transactions conducted through the Internet may be subject to transmission blackout, interruption, delayed transmission due to Internet traffic, incorrect data transmission due to the public nature of the Internet or any uncertain circumstances out of YSHK’s control and cause errors or delay on order transmission, receiving or execution, including unexecution of effective amendment instruction, the original or unrevised instruction may be executed when the order is intended to be cancelled, instructions to trade may not be executed or may be delayed so that they are executed at prices different from those prevailing at the time the instructions were given, and/or communications and personal data may be accessed by unauthorized third parties. YSHK accepts no liability to you or anyone else for any loss or expense arising from the risks.There are risks of your access code or login password being abused or utilised by unauthorised persons. Do not divulge your login ID and password to third parties and change your password regularly. If there is any unauthorised use of your trading or login password, you shall notify YSHK immediately and you agree that you shall bear all risks in connection with any unauthorised use of your trading or login password and you shall indemnify YSHK on demand for any losses, costs, damages, expenses or claims which YSHK may suffer as a result of any unauthorised use of your trading or login password.