Products and Services

Iron Ore

DCE Iron Ore Futures Contract Specifications

Product Iron Ore
Trading Unit 100 MT/Lot
Price Quote Unit CNY/MT
Minimum Tick Size 0.5 CNY/MT
Daily Price Limit Range* 4% of last settlement price
Contract Months Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec
Trading Hours Please refer to Trading Holidays & Hours
Last Trading Day The 10th trading day of the contract month
Last Delivery Day The 3rd trading day after the last trading day
Deliverable Grades Iron Ore Delivery Quality Standard of DCE(F/DCE I004-2021), the deliverable brands and the brand discounts and/or premiums will be separately prescribed by DCE.
Delivery Point The delivery warehouses and delivery locations of iron ore designated by DCE
Minimum Trading Margin* 5% of the contract value
Delivery Form Physical delivery
Ticker Symbol I
Listed Exchange DCE
*DCE may adjust the daily price limit ranges and the trading margins of each contract according to market conditions. For details of current trading parameters of each contract, please click here. For most accurate and up-to-date information, please refer to the respective exchange’s website.