Dalian Commodity Exchange issued an announcement. According to Article 5 of the “Dalian Commodity Exchange Iron Ore Futures Business Rules,” the deliverable brands and related premium and discount adjustments are as follows:
Cancel the deliverable brands Yangdi Powder and Benxi Fine Powder;
The premium and discount for the Kafen brand are adjusted from 15 yuan/ton to 5 yuan/ton, and the IOC6 brand premium and discount are adjusted from 0 yuan/ton to -10 yuan/ton.
The adjusted deliverable brands and premium/discount apply to contracts starting from I2704 and onwards. From the first trading day in April 2027, our exchange will handle the registration and cancellation of standard warehouse receipts for iron ore futures based on the adjusted deliverable brands and premium/discount.
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Dalian Commodity Exchange cancels iron ore futures deliverable brands and adjusts brand premiums and discounts
Dalian Commodity Exchange issued an announcement. According to Article 5 of the “Dalian Commodity Exchange Iron Ore Futures Business Rules,” the deliverable brands and related premium and discount adjustments are as follows: