|
T1:
Spread between Seaborne Price and Spot Price
1 USD=6.8101 RMB (Yuan) on Sep 30
|
|
Product |
Seaborne Price (USD/t) |
Conversion Spot Price1
(Yuan/t) |
Spot Price (Qingdao Port) |
Spread (Yuan/t) |
|
1 |
PB
fines |
119 |
872.5 |
890 |
-17.5 |
|
2 |
Jimblebar Fines |
113.5 |
833.6 |
850 |
-16.4 |
|
3 |
Super Special Fines |
107.5 |
791.1 |
815 |
-23.9 |
|
4 |
IOCJ |
131 |
957.5 |
990 |
-32.5 |
|
5 |
BRBF |
124 |
907.9 |
930 |
-22.1 |
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 per tonne
|
|
Product |
Spot Price (Qingdao Port) |
Conversion Price2 |
Close Price3 |
Basis |
|
1 |
PB
Fines |
890 |
977.4 |
809 |
168.4 |
|
2 |
Jimblebar Fines |
850 |
988.9 |
809 |
179.9 |
|
3 |
Super Special Fines |
815 |
1043.9 |
809 |
234.9 |
|
4 |
IOCJ |
990 |
1016.1 |
809 |
207.1 |
|
5 |
BRBF |
930 |
985.9 |
809 |
176.9 |
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 |
|
101.23 |
-17.77 |
-12.27 |
4. Close
price of most-traded DCE iron ore contract, with denomination of US
dollars. |
