|
T1: Spread between Seaborne
Price and Spot Price
1 USD=6.7195 RMB (Yuan) on October 28
|
|
Product |
Seaborne Price (USD/t) |
Conversion Spot Price1
(Yuan/t) |
Spot Price (Qingdao Port) |
Spread (Yuan/t) |
|
1 |
PB
fines |
115 |
833.3 |
850 |
-16.7 |
|
2 |
Jimblebar Fines |
109.5 |
794.9 |
820 |
-25.1 |
|
3 |
Super
Special Fines |
103 |
749.5 |
775 |
-25.5 |
|
4 |
IOCJ |
129 |
931.1 |
980 |
-48.9 |
|
5 |
BRBF |
120.5 |
871.8 |
895 |
-23.2 |
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 |
850 |
933.9 |
785.5 |
148.4 |
|
2 |
Jimblebar Fines |
820 |
956.3 |
785.5 |
170.8 |
|
3 |
Super
Special Fines |
775 |
1000.4 |
785.5 |
214.9 |
|
4 |
IOCJ |
980 |
1005.2 |
785.5 |
219.7 |
|
5 |
BRBF |
895 |
947.8 |
785.5 |
162.3 |
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 |
|
99.5 |
-15.5 |
-10 |
4. Close price of most-traded
DCE iron ore contract, with denomination of US dollars. |
