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Announcement on Listing of Electrolytic Nickel

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Updated:2013-05-16    From:   Views: 2008
Date: 16 May 2013 

Tianfu Mercantile Exchange                                  

Members and dealers :

It is decided by TME that starting from 17 May 2013, trading can be conducted on Electrolytic Nickel, with details as follows:

I. Commodity for Listing

  Commodity Name : Electrolytic Nickel

  Commodity Code : NI

National Standard: GB/T6516-1997GB/T6516-2010

Brands: Golden Camel Ni9996; Golden Camel Ni9999

Norilsk Combine H-1

Norilsk Combine H-1Y

Severo Nickel Combine H-1

Severo Nickel Combine H-1Y

Norm: Plate type

II. Trading Type

  Listing

III. Date of Listing

(a)   Date of Listing

17 May 2013

(a)   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: 9:00-12:00  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 Metal Department at your convenience.

Person to contact : Mr. Jiang, Metal Department 

Tel No028-65301668

                  E-mailjiangyl@chinatme.com

 

Parameter Table of Electrolytic Nickel (Physical Commodity Transact)

Category

Nonferrous Metal

Commodity Name

Electrolytic Nickel

Commodity Code

NISW

Commodity

Transaction

Scope

Quality

Standard

National Standard: GB/T6516-1997,

or GB/T6516-2010,or

ASTM B39-792004

Norm

Plate type

Manufacturer

/Brand

Name of Manufacturer

Brand/Weight

Jinchuan Group Ltd (China)

Golden Camel

(Single package 1.3-1.8tons)

Norilsk Nickel Industry Co Ltd(Russia),

or its subsidiaries:

JSC MMC Norilsk Nickel

JSC Kola GMKJSC Kolskaya Mining Company

Norilsk Combine H-1

Norilsk Combine H-1Y

Severo Nickel Combine H-1

Severo Nickel Combine H-1Y

(Single package 1.4-1.6tons)

Grade

Ni9996  Ni9999

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/kg

Minimum Price Interval

0.1 Yuan/kg

Minimum Trading Unit

1kg1 hand=1kg

Margin for Trading

20%

Margin for Delivering

10%

Transaction Fee

0.1Yuan/kg

Delivery Fee

100 Yuan/1000kg - Standardized Delivery;

Free of charge - Negotiated Delivery

Price Range

Benchmark price of the previous trading day for the item ×(1±4%

Date of Delivery

The listing day

VAT rate

17%

Ratio of Invoice Default

20%

Time Limit for Sellers Invoicing

Within 20 trading days after a successful delivery

Reminder: Parameter Table of Electrolytic Nickel (Physical Commodity) in Chinese version should pravil,if any controversy or dispute occurs