QUALITY STANDARDS
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In accordance with the regulations of TSI Iron Ore CFR China (62% Fe Fines) traded on Singapore Exchange (SGX).
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CONTRACT SPECIFICATION
SGX TSI Iron Ore CFR China (62% Fe Fines)
Trading Screen Product Name |
SGX TSI Iron Ore CFR China (62% Fe Fines) |
Commodity Code |
FEF |
Contract Size |
100 metric tons / lot |
Price Quotation |
USD / metric ton |
Trading Hours |
Monday - Friday Session 1: 06:10 A.M - 07:00 P.M Session 2: 07:15 P.M - 04:15 A.M (the next day) |
Minimum Price Fluctuation |
0.05 USD / metric ton |
Contract Series |
Up to 4 calendar years starting with current year, with 12 consecutive months added upon expiry in December. |
Delivery Registration Day |
The fifth business day prior to the First Notice Day |
First Notice Day |
As MXV required |
Last Trading Day |
The last business day of the contract month. |
Margin |
As MXV required |
Position Limit |
As MXV required |
Price Limit |
As MXV required |
Settlement Method |
Deliverable |
Quality Standards |
Standards are detailed below |