|
T1: Spread between Seaborne
Price and Spot Price
1 USD=6.7126 RMB (Yuan) on Oct 12
|
|
Product |
Seaborne Price (USD/t) |
Conversion Spot Price1
(Yuan/t) |
Spot Price (Qingdao Port) |
Spread (Yuan/t) |
|
1 |
PB
fines |
123.5 |
891.8 |
905 |
-13.2 |
|
2 |
Jimblebar Fines |
117.5 |
850 |
865 |
-15 |
|
3 |
Super
Special Fines |
111.5 |
808.1 |
830 |
-21.9 |
|
4 |
IOCJ |
136 |
979.1 |
1005 |
-25.9 |
|
5 |
BRBF |
128 |
923.2 |
945 |
-21.8 |
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 |
905 |
993.7 |
825 |
168.7 |
|
2 |
Jimblebar Fines |
865 |
1005.2 |
825 |
180.2 |
|
3 |
Super
Special Fines |
830 |
1060.2 |
825 |
235.2 |
|
4 |
IOCJ |
1005 |
1032.4 |
825 |
207.4 |
|
5 |
BRBF |
945 |
1002.2 |
825 |
177.2 |
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 |
|
104.81 |
-18.69 |
-12.69 |
4. Close price of most-traded
DCE iron ore contract, with denomination of US dollars. |
