DCE diversifies physical deliverable brands for iron ore futures

China’s Dalian Commodity Exchange (DCE) is adding more iron ore brands for physical delivery and has adjusted the premiums and discounts for several existing products, to take effect for contracts beginning on February 2022, it said on Wednesday January 27.

The exchange added Bengang concentrate, a domestic product produced by Benxi Iron & Steel Group, to its physical delivery list. This brand carries a premium of 0 yuan per tonne, according to DCE.

This takes the number of physically deliverable domestic brands on the DCE to three, the other two being Hesteel concentrate...

Published

Zihao Yu

January 28, 2021

06:30 GMT

Singapore