郑商所修订硅铁、锰硅期货业务细则 更加贴合现货市场最新变化

Core Viewpoint - Zhengzhou Commodity Exchange (ZCE) has revised the business rules for silicon iron and manganese silicon futures to better meet the needs of industrial enterprises and adapt to changes in the spot market, aiming to enhance the quality of service for the real economy [1] Group 1: Optimizations in Delivery and Quality Inspection - The delivery location for standard warehouse receipts has been changed to allow the warehouse to select a provincial area during registration, with the specific delivery warehouse chosen by the buyer within that area, improving the functionality of warehouse receipts [2][3] - The sampling method for quality inspection has been optimized to allow delivery warehouses to conduct particle size and elemental inspections, which can lower inspection costs and improve efficiency [3] Group 2: Compensation and Quality Assurance - The compensation scheme for out-of-specification goods has been enhanced, increasing the compensation amount for non-compliant delivery goods, which encourages manufacturers to improve silicon iron quality and reduces buyer concerns [4][5] - The revised compensation calculation method aims to cover buyers' additional costs related to handling powdered silicon iron, thereby reducing delivery disputes and enhancing quality constraints on sellers [5] Group 3: Updates to Standards and Implementation - The manganese silicon business rules have been updated to reflect changes in national standards and specified grades, aligning with new market demands [6] - The revisions will take effect on specific dates in 2027 for silicon iron and manganese silicon, with other changes effective immediately, ensuring that the updates are closely aligned with current market realities [7]