|
T1: Spread between Seaborne
Price and Spot Price
1 USD=6.7473 RMB (Yuan) on Oct 14
|
|
Product |
Seaborne Price (USD/t) |
Conversion Spot Price1
(Yuan/t) |
Spot Price (Qingdao Port) |
Spread (Yuan/t) |
|
1 |
PB
fines |
120 |
871.7 |
900 |
-28.3 |
|
2 |
Jimblebar Fines |
114 |
829.7 |
860 |
-30.3 |
|
3 |
Super
Special Fines |
108 |
787.6 |
825 |
-37.4 |
|
4 |
IOCJ |
133 |
962.9 |
1000 |
-37.1 |
|
5 |
BRBF |
124.5 |
903.3 |
940 |
-36.7 |
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 per tonne
|
|
Product |
Spot Price (Qingdao Port) |
Conversion Price2 |
Close Price3 |
Basis |
|
1 |
PB
Fines |
900 |
988.3 |
798.5 |
189.8 |
|
2 |
Jimblebar Fines |
860 |
999.8 |
798.5 |
201.3 |
|
3 |
Super
Special Fines |
825 |
1054.7 |
798.5 |
256.2 |
|
4 |
IOCJ |
1000 |
1027 |
798.5 |
228.5 |
|
5 |
BRBF |
940 |
996.7 |
798.5 |
198.2 |
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 |
|
100.79 |
-19.21 |
-13.21 |
4. Close price of most-traded
DCE iron ore contract, with denomination of US dollars. |
