Dear Members,
According to the requirement of market, COREX will add one index for floating price in Delivering A and Bonded Zone B from March 1st, 2019, which is listed as following:
AMB Index, i.e. (Argus Index + MBIO Index) / 2: 62% Fe Fines.
Measures for the Implementation of Iron Ore Floating-Priced Trading in Beijing Iron Ore Trading Center will be revised and effective simultaneously.
Hereby Informed.
Beijing Iron Ore Trading Center Corporation
February 28th, 2019