Circular on the Issues of the TSR 20 Futures Delivery Business
To ensure the smooth operation of TSR20 futures, Shanghai International Energy Exchange (hereinafter referred to as INE) hereby notifies issues of the TSR20 futures delivery business as follows in accordance with the Delivery Rules of the Shanghai International Energy Exchange.
1. Pay Items and Standards of the Delivery Business
1.1 The delivery fee is RMB4 per metric ton.
1.2 The storage fee is RMB1.5 per metric ton each day. Both the load-in and load-out fee is RMB30 per metric ton.
1.3 The inspection fee is collected by the designated inspection agencies from the owners of the TSR 20 or their authorized agents.
1.4 The ownership transfer fee is RMB1 per metric ton. Ownership transfer fee is the fee collected from the buyer when a designated delivery storage facility reviews the proposed transfer of a standard warrant outside the Shanghai International Energy Exchange.
Note: The above-mentioned fees of each warrant are collected on the basis of the nominal weight.
2. Information on Deliverables and Their Manufacturers
The TSR 20 for physical delivery must be commodities registered with the Shanghai International Energy Exchange. Details on the registered commodities and their manufacturers will be separately announced by the Exchange.
3. Designated Delivery Storage Facilities and Premiums or Discounts of the Delivery
Designated delivery storage facilities will be specified and separately announced by the Shanghai International Energy Exchange.
The standards for premiums or discounts of the delivery will be specified and separately announced by the Shanghai International Energy Exchange.
4. Designated Inspection Agencies
Designated inspection agencies will be specified and separately announced by the Shanghai International Energy Exchange.
News Link: http://www.ine.cn/news/notice/1899.html