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News and Announcement

News and announcements

Announcement on Adding Price Index Option for Floating-Priced Trading

Release Time: 2019-05-10
corex
Source: corex

Dear Members,

 

According to the requirement of market, COREX will add indices for floating price in Delivering A and Bonded Zone B from May 13th, 2019Monday, which is listed as following:

I. Mysteel Index: 62%(Low Alumina)

 

II. MM Index: 62% (Low Alumina), i.e. [MBIO Index 62% (Low Alumina)+ Mysteel Index62% (Low Alumina)]/ 2

 

Measures for the Implementation of Iron Ore Floating-Priced Trading in Beijing Iron Ore Trading Center will be revised and effective simultaneously.

 

Hereby Informed.

 

Beijing Iron Ore Trading Center Corporation

May 10th, 2019