Contract Varieties of China Stainless Steel Exchange　
　

Underlying product

304 Stainless Steel Cold Rolling Coil

Electrolytic Nickel Plate

304 Stainless Steel Hot Rolling Coil

4 Feet Stainless Steel Hot Rolling Coil

Contract code  

CR+Year/Month

Ni+Year/Month

HR+Year/Month

4FHR+Year/Month

Lot size (warrant)

1 warrant (1 warrant = 1 tonne)

1 warrant (1 warrant = 1 kilogram)

1 warrant (1 warrant = 1 tonne)

1 warrant (1 warrant = 1 tonne)

Quotation

RMB per warrant

Tick size

10 RMB per warrant

0.1 RMB per warrant

10 RMB per warrant

10 RMB per warrant

Daily price limit

Within a range of 8% above or below the settlement price of the previous trading day

Within range of 10% above or below the settlement price of the previous trading day

Within range of 8% above or below the settlement price of the previous trading day

Within a range of 10% above or below the settlement price of the previous trading day

Trading day/time

Business days excluding Chinese national holidays, available from 9:00 am to 11:30 am and from 1:30 pm to 3:30 pm

Delivery sites

CSSE approved warehouses by means of physical delivery

Minimum transaction margin

20% of contract value

Transaction fee

2 RMB per warrant

0.01RMB per warrant

2 RMB per warrant

2 RMB per warrant

Delivery fee

15 RMB per warrant

0.15 RMB per warrant

15 RMB per warrant

15 RMB per warrant

Lot tolerance

±3 tonnes

• Delivery amount ≤ 24,000 kgs with a tolerance of ±500 kgs;
• Delivery amount ≥ 27,000 kgs with a tolerance of ±2% of the net weight

±5 tonnes

±5 tonnes

Delivery unit

5 warrants

3000 warrants

25 warrants

20 warrants

Standard goods

304/0Cr18Ni9 in the size of a thickness of 2.0mm with a width of 1,219mm or 1,000mm

LME Approved Branded Primary Nickel of minimum 99.80% purity with chemical analysis conforming to the ASTM specification B39-79 (2004)

304/0Cr18Ni9 in the size of a thickness of 6.0mm with a width of 1,500mm

304/0Cr18Ni9 in the size of a thickness of 3.0mm with a width of 1,219mm

Substitutes

304DQ∕0Cr18Ni9DQ,304DDQ, and 304L∕00Cr19Ni10 in the size of a thickness of 0.8mm, 1.0mm, 1.2mm, 1.5mm, 2.5mm, and 3.0mm with a width of 1,219mm or 1,000mm

• Electrolytic Nickel, conforming to the P. R China National Standardized Specifications and Qualifications in GB/T6516-1997, Ni 9996; and the total content of nickel and cobalt is not lower than 99.96% and the content of cobalt is not more than 0.02%.
• Electrolytic Nickel, conforming to the P. R China National Standardized Specifications and Qualifications in GB/T6516-1997, Ni 9999.

304L∕00Cr19Ni10 in the size of a thickness of 3.0mm, 4.0mm, 5.0mm, 8.0mm, 10.0mm, 12.00mm, and 14.00mm with a width of 1,500mm

Branding

• Shanxi Taigang Stainless Steel Co., Ltd.
• Shanghai Krupp Stainless Co., Ltd.
• Ningbo Baoxin Stainless Steel Co., Ltd.
• Tianjin TISCO & TPCO Stainless Steel Co., Ltd.
• Lianzhong (Guangzhou) Stainless Steel Corporation
• Qingdao Pohang Stainless Steel Co., Ltd.
• Zhangjiagang Pohang Stainless Steel Co., Ltd.
• Jiuquan Iron & Steel (Group) Co., Ltd.

• Jinchuan Nickel
• JSC MMC Norilsk Nickel
  JSC Kola GMK (JSC Kolskaya Mining Company)
• Xstrata Nickel
  Falconbridge Ltd. (Kristiansand)
  　

• Shanxi Taigang Stainless Steel Co., Ltd.
• Baoshan Iron & Steel Co., Ltd.
• Lianzhong (Guangzhou) Stainless Steel Corporation
• Jiuquan Iron & Steel (Group) Co., Ltd.
  　

• Shanxi Taigang Stainless Steel Co., Ltd.
• Sichuan Xinan Stainless Co., Ltd.
• Baogang Stainless Steel Co., Ltd.
• Lianzhong (Guangzhou) Stainless Steel Corporation
• Zhangjiagang Pohang Stainless Steel Co., Ltd.

Maximum single proxy-ordering amount

500 warrants

200000 warrants

500 warrants

500 warrants

Maximum order amount of single contract per regular seat

5000 warrants

1000000 warrants

5000 warrants

5000 warrants

Maximum order amount of single contract in total

50000 warrants 

10000000 warrants

50000 warrants

50000 warrants

Underlying product

Indium

Lead

Tin

Contract code  

In+Year/Month

Pb+Year/Month

Sn+Year/Month

Lot size (warrant)

1 warrant (1 warrant = 1 kilogram)

1 warrant (1 warrant = 1 tonne)

1 warrant (1 warrant = 1 kiligram)

Quotation

RMB per warrant

Tick size

10 RMB per warrant

10 RMB per warrant

0.1RMB per warrant

Daily price limit

Within range of 10% above or below the settlement price of the previous trading day

Within range of 10% above or below the settlement price of the previous trading day

Within range of 10% above or below the settlement price of the previous trading day

Trading day/time

Business days excluding Chinese national holidays, available from 9:00 am to 11:30 am and from 1:30 pm to 3:30 pm

Delivery sites

CSSE approved warehouses by means of physical delivery

Minimum transaction margin

20% of contract value

Transaction fee

1 RMB per warrant

2 RMB per warrant

0.03 RMB per warrant

Delivery fee

3 RMB per warrant

10 RMB per warrant

0.15 RMB per warrant

Lot tolerance

• <±2%

After weighing the net weight is not lighter than 99.80% of the net weight, which is stated on the label.

If the delivery size≦25 tonnes, the lot tolerance ≦ ±500 kilos;

If the delivery size﹥25 tonnes, the lot tolerance ≦ ±2%.

After weighing the net weight is not lighter than 99.80% of the net weight, which is stated on the label.

If the delivery size ≦ 5 tonnes, the lot tolerance ≦ ±100 kilos;

If the delivery size ﹥ 5 tonnes, the lot tolerance ≦ ±2%.

Delivery unit

100 warrants

5 warrants

1000 warrants

Standard goods

In99.993

Indium Ingot of minimum 99.993% purity with a producer original certificate of analysis conforming to the Specification In99.993 of Chinese National Standard YS/T 257-1998;

A print copy of original certificate of analysis should be stamped by the seller’s common seal and marked with a note that confirms “The statement by the print copy is in accordance with the content of the original one.”

# 1 Lead Ingot of minimum 99.994% purity with a producer original certificate of analysis conforming to the Specification Pb99.994 of Chinese National Standard GB/T 469-2005;

A print copy of original certificate of analysis should be stamped by the seller’s common seal and marked with a note that confirms “The statement by the print copy is in accordance with the content of the original one.”

l         Sn99.90

# 1 Tin Ingot of minimum 99.90% purity with a producer original certificate of analysis conforming to the Specification Sn99.90 of Chinese National Standard GB/T 728-1998;

A print copy of original certificate of analysis should be stamped by the seller’s common seal and marked with a note that confirms “The statement by the print copy is in accordance with the content of the original one.”

Substitutes

• In99.995

N/A

Sn99.95

Branding

·         Huludao Zinc Industry Co., Ltd

·         China Tin Group Co.,Ltd

·         Liuzhou Ingle Metal Co.,Ltd

·         Guangxi Debang Technology Co.,Ltd

# 1 Lead Ingot, “Chengyuan” trademark by Guangxi Chengyuan Mining & Smelting Co., Ltd.,

 # 1 Lead Ingot, “Jinsha” trademark by Yunnan Chihong Zn & Ge Co., Ltd.,

# 1 Lead Ingot, “Shuangyan” trademark by Shaanxi Non-ferrous Metals Holding Group Co., Ltd.,

# 1 Lead Ingot, “Shuikoushan” trademark by Shuikoushan Non-ferrous Metals Group Co.

　# 1 Lead Ingot, “Yunsha” trademark by Yunnan Zhenxing Lead Co.,

# 1 Lead Ingot, “Torch” trademark by Zhuzhou Hongyuan Metals Co.,

  # 1 Lead Ingot, “Tongfu” trademark by Gejiu Tongfu Metals Co.,

l         Sn99.90, “JH” trademark by China Tin Group Co., Ltd., 0.9～1.1 tonnes per parcel;

l         Sn99.90, “YT” trademark by Yunnan Tin Company Limited, 0.9～1.1 tonnes per parcel;

l         Sn99.95, “Yunheng” trademark by Yunnan Chengfeng Non-Ferrous Metals Co.,Ltd., 0.9～1.1 tonnes per parcel.

It will not be permitted to make a spot delivery when the weight of each parcel exceeds the weight range above.

Maximum single proxy-ordering amount

1000 warrants

500 warrants

50000 warrants

Maximum order amount of single contract per regular seat

10000warrants

5000 warrants

500000 warrants

Maximum order amount of single contract in total

100000warrants

50000 warrants

5000000 warrants

Underlying product

Cobalt

Ferromolybdenum

Lead

Tin

Contract code  

Co+Year/Month

FeMo +Year/Month

Pb+Year/Month

Sn+Year/Month

Lot size (warrant)

1 warrant (1 warrant = 1 tonne)

1 warrant (1 warrant = 1 kilogram)

1 warrant (1 warrant = 1 tonne)

1 warrant (1 warrant = 1 kiligram)

Quotation

RMB per warrant

Tick size

0.1 RMB per warrant

0.1RMB per warrant

10 RMB per warrant

0.1RMB per warrant

Daily price limit

Within a range of 10% above or below the settlement price of the previous trading day

Within range of 10% above or below the settlement price of the previous trading day

Within range of 10% above or below the settlement price of the previous trading day

Within range of 10% above or below the settlement price of the previous trading day

Trading day/time

Business days excluding Chinese national holidays, available from 9:00 am to 11:30 am and from 1:30 pm to 3:30 pm

Delivery sites

CSSE approved warehouses by means of physical delivery

Minimum transaction margin

20% of contract value

Transaction fee

0.1 RMB per warrant

0.04RMB per warrant

2 RMB per warrant

0.03 RMB per warrant

Delivery fee

0.3 RMB per warrant

0.2 RMB per warrant

10 RMB per warrant

0.15 RMB per warrant

Lot tolerance

If cargo weight ≦ 1,000 kilos, (the ponderation – the gross weight on the label) ≧ -1 kilo;

If cargo weight ≧ 1,250 kilos, the ponderation is not lighter than 99.90% of the gross weight on the label.

•  ± 0.5% impurity error of Molybdenum
• According to the net weight on the label and the original certificate of analysis;
• After weighing the gross weight is not lighter than 99.90% of the gross weight on the label.

After weighing the net weight is not lighter than 99.80% of the net weight, which is stated on the label.

If the delivery size≦25 tonnes, the lot tolerance ≦ ±500 kilos;

If the delivery size﹥25 tonnes, the lot tolerance ≦ ±2%.

After weighing the net weight is not lighter than 99.80% of the net weight, which is stated on the label.

If the delivery size ≦ 5 tonnes, the lot tolerance ≦ ±100 kilos;

If the delivery size ﹥ 5 tonnes, the lot tolerance ≦ ±2%.

Delivery unit

250 warrants

10,000 warrants

5 warrants

1000 warrants

Standard goods

Drummed Cobalt Cathodes of minimum 99.80% purity with a producer original certificate of analysis conforming to the Specification Co9980 International Standard YS/T 255-2000;

A print copy of original certificate of analysis should be stamped by the seller’s common seal and marked with a note that confirms “The statement by the print copy is in accordance with the content of the original one.”

FeMo60 of minimum 60 % purity Molybdenum and other impurities of Cu≤0.5%, P≤0.04%, C≤0.1%, S≤0.08%, Sb≤0.04%, Sn≤0.04%, and Si≤1.0%, with a producer original certificate of analysis conforming to the Specification FeMo60-A of Chinese National Standard GB/T3649-2008 FeMo60-A.

A print copy of original certificate of analysis should be stamped by the seller’s common seal and marked with a note that confirms “The statement by the print copy is in accordance with the content of the original one.”

# 1 Lead Ingot of minimum 99.994% purity with a producer original certificate of analysis conforming to the Specification Pb99.994 of Chinese National Standard GB/T 469-2005;

A print copy of original certificate of analysis should be stamped by the seller’s common seal and marked with a note that confirms “The statement by the print copy is in accordance with the content of the original one.”

l         Sn99.90

# 1 Tin Ingot of minimum 99.90% purity with a producer original certificate of analysis conforming to the Specification Sn99.90 of Chinese National Standard GB/T 728-1998;

A print copy of original certificate of analysis should be stamped by the seller’s common seal and marked with a note that confirms “The statement by the print copy is in accordance with the content of the original one.”

Substitutes

N/A

• Of minimum 59 % purity Molybdenum (including 59%), and other impurities of Cu≤0.5%, P≤0.04%, C≤0.1%, S≤0.08%, Sb≤0.04%, Sn≤0.04%, and Si≤1.0%.

N/A

Sn99.95

Branding

Co9980 and Co9995 by Jinchuan Group Ltd., 250 kilos per drum with a premium 5 RMB per kilo;

• KLK9995 by Jiangsu Cobalt Nickel Metal Co., Ltd., 250 kilos per drum
• “CASH” Yantai  CASH Industry Co., Ltd.
• CHAMBISHI METALS Plc Incorporated in the Republic of Zambia（COBALT:STANDARD

1. Jinduicheng Molybdenum Group Co., Ltd.

2. China Molybdenum Co., Ltd.

3. Jinzhou New China Dragon (Group) Industrial Co., Ltd.

4. Huludao Hongda Moly Co., Ltd.　

Luoyang Molybdenum Industry Group Co., Ltd

# 1 Lead Ingot, “Chengyuan” trademark by Guangxi Chengyuan Mining & Smelting Co., Ltd.,

 # 1 Lead Ingot, “Jinsha” trademark by Yunnan Chihong Zn & Ge Co., Ltd.,

# 1 Lead Ingot, “Shuangyan” trademark by Shaanxi Non-ferrous Metals Holding Group Co., Ltd.,

# 1 Lead Ingot, “Shuikoushan” trademark by Shuikoushan Non-ferrous Metals Group Co.

　# 1 Lead Ingot, “Yunsha” trademark by Yunnan Zhenxing Lead Co.,

# 1 Lead Ingot, “Torch” trademark by Zhuzhou Hongyuan Metals Co.,

  # 1 Lead Ingot, “Tongfu” trademark by Gejiu Tongfu Metals Co.,

l         Sn99.90, “JH” trademark by China Tin Group Co., Ltd., 0.9～1.1 tonnes per parcel;

l         Sn99.90, “YT” trademark by Yunnan Tin Company Limited, 0.9～1.1 tonnes per parcel;

l         Sn99.95, “Yunheng” trademark by Yunnan Chengfeng Non-Ferrous Metals Co.,Ltd., 0.9～1.1 tonnes per parcel.

It will not be permitted to make a spot delivery when the weight of each parcel exceeds the weight range above.

Maximum single proxy-ordering amount

10,000 warrants

20,000 warrants

500 warrants

50000 warrants

Maximum order amount of single contract per regular seat

100,000warrants

200,000warrants

5000 warrants

500000 warrants

Maximum order amount of single contract in total

1,000,000warrants 

2,000,000warrants

50000 warrants

5000000 warrants