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Announcement on Listing of Hot Plain Bar

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Updated:2013-01-08    From:   Views: 2079

Date: 08 January 2013

Tianfu Mercantile Exchange(the “Exchange”)

Members and dealers :

It is decided by TME that starting from 09 January 2013, trading can be conducted on Hot Plain Bar, with details as follows:

I. Commodity for Listing

Commodity Name : Hot Plain Bar(Chengdu), Hot Plain Bar(Chongqing);

Commodity Code : THPBCDTHPBCQ

Brands: Bashan, Chuanwei, Chengshi, Yulong, Zhongyu, Liheng

National Standard: GB1499.1-2008

Grade: HPB235HPB300

Norm: Diameter 5.5-12mm

II. Trading Type

Listing

III. Date of Listing

(a)   Date of Listing

     09 January 2013

(b) Trading Hours

AM: 9:00-11:30 PM: 13:30-15:30

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  PM: 13:30-17:30

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 our Metal Department at your convenience.

Person to contact : Mr. Jiang, Metal Department  

Tel No.: 028-65301668

                  E-mailjiangyl@chinatme.com

 

 

Parameter Table of HPB (Chengdu)-(Physical Commodity)

Category

Iron & Steel

Commodity Name

HPB (Chengdu)

Commodity Code

PBCDSW

Commodity

Transaction

 Scope

Quality Standard

National Standard:GB1499.1-2008

Norm

Diameters:5.5mm,6.5mm,8mm,10mm,12mm (high-speed HPB)

Manufacturer/Brand

Name of Manufacturer

Brand

Sichuan Dazhou Iron & Steel Group Co Ltd

Bashan

Pangang Group Chengdu Steel Vanadium Co Ltd

Chenggang

Sichuan Chuanwei Group Co Ltd

Chuanwei

Chengdu Metallurgical Experiment Factory Co

Chengshi

Shaanxi Longmen Iron & Steel Group Co Ltd

Yulong

Shanxi Zhongyang Iron & Steel Co Ltd

Zhongyu

Shanxi Liheng Iron & Steel Co Ltd

Liheng

Shanxi Jianbang Iron & Steel Co Ltd

Jianbang

Grade

HPB300

Delivery Warehouse

Designated Delivery Warehouses shown on TME website

Trading Hours

9:00-11:30 13:30-15:30

(Mon-Fri,Statutory Holidays Excluded)

Quoting Mode

VAT price

Quoting Unit

Yuan/ton

Minimum Price Interval

1 Yuan/ton

Minimum Trading Unit

1 ton

Margin for Trading

20%

Margin for Delivering

10%

Transaction Fee

0.5‰

Delivery Fee

5 Yuan/ton - Standardized Delivery;

Free of charge - Negotiated Delivery

Price Range

Benchmark price of previous trading day for the item ×(1±6%

Date of Delivery

The listing day

VAT Rate

17%

Ratio of Invoice Default

20%

Time for Sellers Invoicing

Within 20 working days after completion of delivery

Reminder: Parameter Table of HPB (Chengdu)-(Physical Commodity) in Chinese version should pravil,if any controversy or dispute occurs.