Published On: Tue, Apr 22nd, 2014

DCE Notice On Piloting The Futures Bonded Delivery Business

Liu Xingqiang DCE President

Liu Xingqiang DCE President

Approved by the China Securities Regulatory Commission (CSRC), Dalian Commodity Exchange (DCE) will officially initiate the work in piloting the futures bonded delivery on April 18, 2014, with the specific arrangements as follows:

1. The pilot product is LLDPE.

2. The pilot area is Tianjin Dongjiang Bonded Port Area, and the designated bonded delivery warehouse is Xiamen Suchuan Logistics Development Co., Ltd. (See Attachment 1)

As of May 19, 2014, the designated bonded delivery warehouse will accept and deal with the application for the businesses rated to the futures bonded standard warehouse receipts. The ceiling prices for in and ex-warehouse charges are in Attachment 2.

3. The specific bonded delivery operations shall be implemented in accordance with the “Dalian Commodity Exchange Detailed Rules for Implementation of Bonded Delivery (for Trial Implementation)”.

4. The relevant parameters in the two computational formulas of the bonded delivery settlement price and the bonded futures-to-spot delivery settlement price shall be implemented in accordance with Attachment 3.

Attachments:
1. Table of Bonded Delivery Warehouse Business
2. Ceiling Prices of In and Ex-warehouse Charges for the Bonded Delivery Warehouses
3. Relevant Parameters in the Computational Formulas of the Bonded Delivery Settlement Price and the Bonded Futures-to-spot Delivery Settlement Price

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