The Iron Ore Futures Contract of Dalian Commodity Exchange ("DCE")

Applicable since I2009

Product

Iron Ore

Trading Unit

100 MT/Lot

Price Quote Unit

CNY/MT

Minimum Tick Size

0.5 CNY/MT

Daily Price Limit Range

4% of last settlement price

Contract Months

Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec

Trading Hours

9:00 - 11:30 a.m., 1:30 - 3:00 p.m., Beijing Time, Monday to Friday, and other trading hours announced by DCE

Last Trading Day

The tenth trading day of the contract month

Last Delivery Day

The third trading day after the last trading day

Delivery Grades

Iron Ore Delivery Quality Standard of DCE (F/DCE I004-2019), the deliverable brands, premiums and/or discounts of the brands will be separately published by DCE

Delivery Point

The delivery warehouses and delivery sites of iron ore designated by DCE

Minimum Trading Margin

5% of the contract price

Delivery Form

Physical delivery

Ticker Symbol

I

Listed Exchange

DCE

Iron Ore Futures Contract of Dalian Commodity Exchange ("DCE")

(Applicalbe since I2205)

Product

Iron Ore

Trading Unit

100 MT/Lot

Price Quote Unit

CNY/MT

Minimum Tick Size

0.5 CNY/MT

Daily Price Limit Range*

4% of last settlement price

Contract Months

Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec

Trading Hours

9:00 - 11:30 a.m., 1:30 - 3:00 p.m., Beijing Time, Monday to Friday, and other trading hours announced by DCE

Last Trading Day

The 10th trading day of the contract month

Last Delivery Day

The 3rd trading day after the last trading day

Deliverable Grades

Iron Ore Delivery Quality Standard of DCE(F/DCE I004-2021), the deliverable brands and the brand discounts and/or premiums will be separately prescribed by DCE.

Delivery Point

The delivery warehouses and delivery locations of iron ore designated by DCE

Minimum Trading Margin*

5% of the contract value

Delivery Form

Physical delivery

Ticker Symbol

I

Listed Exchange

DCE

Note: DCE may adjust the daily price limit ranges and the trading margins of each contract according to market conditions. For details of current trading parameters of each contract, please see below website:

www.dce.com.cn/DCE/TradingClearing/Business%20Parameters/Trading%20Parameters/index.html

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.

Address : No.129 Huizhan Road, Dalian 116023, China
Tel : 86-411-84808226
Email : inquiries@dce.com.cn Support IPv6
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