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IRON ORE
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 Trading 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 |
CONTRACT SPECIFICATION
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