|
T1: Spread between Seaborne
Price and Spot Price
1 USD=6.6781 RMB (Yuan) on Oct.21
|
|
Product |
Seaborne Price (USD/t) |
Conversion Spot Price1
(Yuan/t) |
Spot Price (Qingdao Port) |
Spread (Yuan/t) |
|
1 |
PB
fines |
119 |
856.2 |
870 |
-13.8 |
|
2 |
Jimblebar Fines |
113 |
814.5 |
830 |
-15.5 |
|
3 |
Super
Special Fines |
107 |
772.9 |
795 |
-22.1 |
|
4 |
IOCJ |
133 |
953.4 |
985 |
-31.6 |
|
5 |
BRBF |
123.5 |
887.4 |
910 |
-22.6 |
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 |
870 |
955.7 |
797 |
158.7 |
|
2 |
Jimblebar Fines |
830 |
967.2 |
797 |
170.2 |
|
3 |
Super
Special Fines |
795 |
1022.1 |
797 |
225.1 |
|
4 |
IOCJ |
985 |
1010.7 |
797 |
213.7 |
|
5 |
BRBF |
910 |
964.1 |
797 |
167.1 |
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 |
|
101.64 |
-17.36 |
-11.36 |
4. Close price of most-traded
DCE iron ore contract, with denomination of US dollars. |
