Seems the exchange is trying to cool down the bull run of the iron ore.
“
In accordance with the Detailed Rules of Iron Ore Futures of Dalian Commodity Exchange, it is decided upon discussion that the new deliverable brands of iron ore futures and relevant matters are hereby released:
1.Yandi Fines and Karara Concentrate are included as new Deliverable Brands;
2.The premiums and discounts of Yandi Fines and Karara Concentrate are -25 CNY/MT and 85 CNY/MT respectively.
The above adjustments are applicable to iron ore futures Contract 2009 and subsequent contracts and come into force on the date of release.
This notice is hereby released.
”
for more info about the change of DCE iron ore futures delivery brands,please check
https://www.fangquant.com/t/897#reply0
“
In accordance with the Detailed Rules of Iron Ore Futures of Dalian Commodity Exchange, it is decided upon discussion that the new deliverable brands of iron ore futures and relevant matters are hereby released:
1.Yandi Fines and Karara Concentrate are included as new Deliverable Brands;
2.The premiums and discounts of Yandi Fines and Karara Concentrate are -25 CNY/MT and 85 CNY/MT respectively.
The above adjustments are applicable to iron ore futures Contract 2009 and subsequent contracts and come into force on the date of release.
This notice is hereby released.
”
for more info about the change of DCE iron ore futures delivery brands,please check
https://www.fangquant.com/t/897#reply0
