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Announcement on Listing of Indium

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Updated:2013-08-13    From:Tianfu Mercantile Exchange   Views: 1831
Date: 13 August 2013
Tianfu Mercantile Exchange
Members and dealers :
It is decided by TME that as of 15 August 2013, trading can be conducted on indium, with details as follows:
I. Commodity for Listing
Commodity Name : Indium
Commodity Code : In
Trade Standard : YS/T257-2009,Indium Ingot
Brands : Zhongdu,Darbang,Tianhao,Xinhuaneng
Grade : In99995
Norm : 1kg/bar
II. Trading Type
Listing
III. Date of Listing
(a)Date of Listing
15 August 2013
(b)Trading Hours
AM: 9:00-11:30(Mon-Fri) PM: 13:30-15:30, 20:00-02:30 (Mon-Fri)
The days TME shall be open for business are every Monday through Friday (with exceptions of statutory holidays)

IV. Delivery and Settlement Handling
AM: 9:00-11:30(Mon-Fri) PM: 13:30-17:30(Mon-Fri)
The days TME shall be open for business are every Monday through Friday (with exceptions of statutory holidays)

V. Consulting Service
Dealers in need of detailed information with regard to TME’s trading rules and relevant operation process may refer to our website (www.chinatme.com), or approach Product Department at your convenience.
Person to contact : Ms.Xu, Product Department ,
Tel No.:0086-28-65301699
E-mail:Xujing@chinatme.com

Parameter Table of Indium (Physical Commodity Transaction)

Category

Rare Metals

Commodity Name

Indium

Commodity Code

IN

Commodity

Transaction
Scope

Quality Standard

YS/T257-2009,Indium Ingot

Norm

1kg

Manufacturer & Its

Corresponding Brand

Name of Manufacturer

Brand

Zhongdu Silver

Zhongdu

Guangxi Darbond

Darbond

Yunnan Tianhao

Tianhao

Jiangxi Xinhuaneng

Xinhuaneng

Grade

In99995

Designated Delivery Warehouse

Designated Delivery Warehouses by TME

Trading Hours

9:00-11:30 13:30-15:30
 (Mon-Fri,Statutory Holidays Excluded)

Quoting Mode

Price including VAT

Quoting Unit

Yuan/kg

Minimum Price Interval

5 Yuan/kg

Minimum Trading Unit

1 hand1 hand=1kg

Margin for Trading

20%

Margin for Delivering

20%

Transaction Fee

2

Delivery Fee

0

Quoting Range

Upper limit =

benchmark price of the previous trading day ×(1-6%

Lower limit =
benchmark price of the previous Trading day
×(1-6%

Date of Delivery

Same as the listing day

VAT Rate

17%

Surcharge for Invoice Default

20%

Time Limit for Seller’s Invoicing

Within 20 working days after
completion of delivery

Weight Tolerance

±1

More or Less Difference

±1

 

Reminder: Parameter Table of Indium in Chinese version should pravil,if any controversy or dispute occurs