|
T1: Spread
between Seaborne Price and Spot Price
1 USD=6.7986 RMB (Yuan) on Sep 23
|
|
Product |
Seaborne Price (USD/t) |
Conversion Spot Price1
(Yuan/t) |
Spot
Price (Qingdao Port) |
Spread
(Yuan/t) |
|
1 |
PB
Fines |
117 |
856.9 |
895 |
-38.1 |
|
2 |
Jimblebar Fines |
111.5 |
818.1 |
855 |
-36.9 |
|
3 |
Super
Special Fines |
106 |
779.2 |
820 |
-40.8 |
|
4 |
IOCJ |
130.5 |
952.4 |
995 |
-42.6 |
|
5 |
BRBF |
122 |
892.3 |
935 |
-42.7 |
1. Conversion
spot price: seaborne price with denomination of RMB; with 8 per cent
moisture.
T2:
Basis of Following Iron Ore Products
unit in: Yuan/t
|
|
Product |
Spot
Price (Qingdao Port) |
Conversion Price2 |
Close
Price3 |
Basis |
|
1 |
PB
Fines |
895 |
982.8 |
766.5 |
216.3 |
|
2 |
Jimblebar Fines |
855 |
994.3 |
766.5 |
227.8 |
|
3 |
Super
Special Fines |
820 |
1049.3 |
766.5 |
282.8 |
|
4 |
IOCJ |
995 |
1021.5 |
766.5 |
255 |
|
5 |
BRBF |
935 |
991.3 |
766.5 |
224.8 |
2.
Conversion price: converted by the least DCE deliverable brands
methodology.
PB Fines
@ 61% Fe;
Jimblebar Fines
@ 59.5% Fe, 3% Al2O3, 0.12%
P;
Super
Special Fines @ 56.7%
Fe, 6% SiO2, 3% Al2O3;
IOCJ
@ 64.5% Fe;
BRBF
@ 62.5% Fe;
*all with 8
per cent moisture.
3.
Close price of most-traded DCE iron ore contract.
T3:
Spread
between DCE Iron Ore Price and Seaborn Price
unit in USD
per tonne
|
Close
Price4 |
V.S
|
|
PB
fines |
Jimblebar fines |
|
95.87 |
-21.13 |
-15.63 |
4.
Close price of most-traded DCE iron ore contract, with denomination of
US dollars. |
