It is announced that COREX revises Article 21 of Chapter VI in Regulations on Iron Ore Spot Trading of Beijing Iron Ore Trading Center according to current market situation.
The revision will officially take effect from 19th December, 2016.
Main revision is as below:
Before, the order quantity for on port cargo trading shall 1,000 tons, or the integer times of 1,000 tons.
After, the order quantity for on port cargo trading shall be more than 1,000 tons.
Beijing Iron Ore Trading Center Corporation
December 5th, 2016