Skip to main content

SHFE: Update of Storage Fees for Designated Bleached Softwood Kraft Pulp Factory Warehouses

 In accordance with the Delivery Rules of Shanghai Futures Exchange and Bleached Softwood Kraft Pulp Futures Factory Delivery Rules of the Shanghai Futures Exchange（Trail） and other relevant regulations, the storage fees for designated bleached softwood Kraft pulp futures factories are stipulated as follows:

1. Warehouse rental: RMB 0.8 yuan/ton•day.
2. Warehouse exit fee: RMB 20/ton.
3. Other fees, such as port charges, port construction fees, dock loading and unloading fees, etc., shall be collected by the relevant agencies from the owner of the pulp when it leaves the warehouses in accordance with the current charging standards.

Shanghai Futures Exchange will adjust storage fees based on market development and will issue a separate notice.
The above regulations shall be implemented from the date of issuance.


For China derivatives market access and more market information please contact sherry_ustc@163.com

Labels:

Comments

Post a Comment

Popular posts from this blog

INE:Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Increase Active Storage Capacity for Crude Oil Futures

 Shanghai International Energy Exchange has released its Notice on the Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to Increase Active Storage Capacity for Crude Oil Futures as follows: This is to acknowledge our receipt of the application of Dalian PetroChina International Warehousing & Transportation Co., Ltd. to increase the active storage capacity for crude oil futures. In accordance with the Delivery Rules of the Shanghai International Energy Exchange and other applicable rules, we hereby issue the following response based on inspection and review results: We approve the approved storage capacity of Dalian PetroChina International Warehousing & Transportation Co., Ltd. International Oil Storage located on No.31 New Port Nei Hai Nian Road, Dalian Bonded Area, Liaoning Province, to be increased from 1,200,000m3 to 1,800,000 m3, and the active an storage capacity to be increased from 1,200,000m3 to 1,800,000 m3. ...
Post a Comment
Read more

China CSRC Solicits Comments on Draft Trading Server Colocation Rules

  On April 21, 2023, the China Securities Regulatory Commission (“CSRC”) issued the  Administrative Provisions on Trading Server Colocation for the Securities and Futures Markets (Consultation Paper)  (the “Administrative Provisions”). The Administrative Provisions fill a legal gap with respect to securities and futures trading server colocation. It has been common market practice for securities or futures companies to lease cabinets in an exchange or its subsidiary’ data center and sublease it to customers to host their servers, although neither the CSRC nor exchanges have formulated specific regulatory rules on server colocation. The Administrative Provisions are the only administrative departmental rules that directly regulate colocation activities. The promulgation of the Administrative Provisions improves regulations regarding market infrastructures and is conducive to the safe and stable operation of the securities and futures markets. The high-level legal foundatio...
Post a Comment
Read more

A Brief Introduction to the Status of China's Commodity Futures Market

  1. Development of China's Commodity Futures Market   Since 2010, the Chinese futures market had fast expanded with the launch of financial futures and Exchange-traded options. The derivatives market has entered a stage of comprehensive development from commodity futures to financial futures, from futures to options, from exchange-listed to OTC, and from domestic-investors-only to liberalized foreign investor trading.   Currently, China’s domestically listed futures and options cover 7 categories of finance, industrial metals, precious metals, chemicals, energy, black series and agricultural products, with a total of 91 varieties, including 64 commodity futures and 20 commodity futures options. Figure 1 Commodity Futures and Options in China Source: Galaxy Futures 2.    Commodity Futures Market 2.1 Market expansion In terms of time, China's commodity futures market has continued to expand steadily, and trading volume, open interest and trading v...
Post a Comment
Read more