To further reflect the spot goods and enhance the futures market’s capacity for serving the real economy, after the deliberation and approval of the board of directors and reporting to China Securities Regulatory Commission, Dalian Commodity Exchange has amended the Annex 11 of “Corn Delivery Quality Standards of Dalian Commodity Exchange” to the “Detailed Rules for Delivery of Dalian Commodity Exchange”, having revised up the unit weight indicators of the standard product and the alternatives as well as the discount amounts for the unit weights of the alternatives and the moldy grains. The amendment to the rules is hereby issued and the revised rules shall come into effect from the C1501 Contract.
Before the last working day of November 2014, all of the existing corn standard warehouse receipts will be canceled. From the first working day after the last delivery day of C1411 Contract, the clients may, in accordance with the new delivery quality standards, handle the delivery forecasting and quality inspection, and may apply for the registration of new standard warehouse receipts on the first working day in December 2014.
