Announcement on Listing of Silver
Date：02 November 2012
Tianfu Mercantile Exchange
Members and dealers :
It is decided by TME that as of 05 November 2012, trading can be conducted on Silver, with details as follows:
I. Commodity for Listing
Commodity Name ：Silver (including Picasso Silver for Collection,Industrial Silver)
Commodity Code ：TIAG
National Standard ：GB/T 4135-2002
Grade ：IC-Ag99.9、IC-Ag99.99；
Norms ：100 gram/piece - Picasso Silver for Collection
0.1kg, 1kg, 15kg - Industrial Silver
II. Trading Type
Listing
III. Trading Price
Trading price without VAT, payment amount from buyer at delivery stage
= trading price * quantity for delivery *1.17.
IV. Date of Listing
(a) Date of Listing
05 November 2012
(b)Trading Hours
AM: 9:00-11:30(Mon-Fri) PM: 13:30-15:30 (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 relevant trading rules and operation process may refer to our website (www.chinatme.com) or approach Precious & Rare Metals Department at your convenience.
Person to contact : Ms.Xu, Precious & Rare Metals Department ,
Tel No.:0086-28-65301699
E-mail：Xujing@chinatme.com
Parameter Table of Industrial Silver (Physical Commodity Transaction)
|
Commodity Name |
Industrial Silver |
|
Commodity Code |
TIAG 15KG |
|
GB/T 4135-2002 |
|
|
15kg |
|
|
refer to Table of Delivery Brands for 15Kg Industrial Silver |
|
|
Grade |
IC-Ag99.99 |
|
Price Limit |
±6% |
|
1 Yuan/kg |
|
|
20% |
|
|
17% |
|
|
Surcharge for Invoicie Default |
20% |
|
2‰ |
|
|
Time Limit for Seller’s Invoicing |
（b）（Standardized Silver Bar I）
|
Industrial Silver |
|
|
TIAG 1KG |
|
|
GB/T 4135-2002 |
|
|
1kg |
|
|
IC-Ag99.99 |
|
|
1Yuan/kg |
|
|
20% |
|
|
2‰ |
|
|
17% |
|
|
20% |
|
|
Time Limit for Seller’s Invoicing |
（c）（Standardized Silver Bar II）
|
Commodity Name |
Industrial Silver |
|
Quality Standard |
TIAG 100G |
|
Quality Standard |
GB/T 4135-2002 |
|
Norm |
0.1kg |
|
Brand |
Gui Brand |
|
Grade |
IC-Ag99.99 |
|
Trading Hours |
9:00-11:30(Mon-Fri) PM: 13:30-15:30, 20:00-02:30 (Mon-Fri) |
|
Minimum Price Interval |
1Yuan/kg |
|
Margin for Trading |
20% |
|
Transaction Fee |
2‰ |
|
VAT Rate |
17% |
|
Surcharge for Invoicie Default |
20% |
|
Time Limit for Seller’s Invoicing |
Within 20 working days after completion of delivery |