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News and Announcement

News and announcements

Announcement for the Cancellation of Limitation Requirement on Laycan Duration

Release Time: 2014-11-17
Beijing Iron Ore Trading Center Corporation
Source： Beijing Iron Ore Trading Center Corporation

Dear members,

According to requirement from the market, China Iron Ore Spot Trading Platform will cancel the limitation requirement in Specifications for the Trading Products of Iron Ore Spot Trading that the laycan Duration is limited to [m-2, m+3]，where m refers to the current month. The effective date of this Announcement is Dec. 1, 2014.




Beijing Iron Ore Trading Center Corporation

China Beijing International Mining Exchange

Nov 17, 2014