[Notice] Announcement on SGX Iron Ore Contract Adjustment
Dear Clients,
The Singapore Exchange (SGX) has announced that, with effect from September 1, 2025, the settlement benchmark for iron ore-related contracts will be adjusted from 62% Fe to 61% Fe.
Following the market close on August 29, 2025 (T session), SGX implemented a one-time cash adjustment for all iron ore futures, swaps, and options contracts maturing from January 2026 onwards. The adjustment amount is based on the Platts-published average spread between the 62% / 61% Fe IODEX assessments, which has been set at USD 2.59 per metric ton.
We have aligned the iron ore futures prices in accordance with SGX rules. For new positions expiring from January 2026 onwards, please note that settlement will be based on the updated Platts specification.
This adjustment is a standardized SGX arrangement and reflects a normal benchmark update.
For further inquiries, please contact our online customer service.
Thank you for your understanding and continued support.
$TSI Iron Ore - main 2510(FEFmain)$ $TSI Iron Ore - Sep 2025(FEF2509)$ $TSI Iron Ore - Oct 2025(FEF2510)$ $TSI Iron Ore - Nov 2025(FEF2511)$ $TSI Iron Ore - Dec 2025(FEF2512)$ $TSI Iron Ore - Jan 2026(FEF2601)$ $TSI Iron Ore - Feb 2026(FEF2602)$ $TSI Iron Ore - Mar 2026(FEF2603)$ $TSI Iron Ore - Apr 2026(FEF2604)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
