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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


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