Manage portside and seaside risk in one marketplace

Manage risk more effectively across the iron ore supply chain with contracts targeting an increasingly relevant factor: prices of cargo landed at the docks of China, the world’s largest buyer. Two contracts – Iron Ore China Portside Fines CNH fot Qingdao (Argus) futures and Iron Ore China Portside Fines USD Seaborne Equivalent (Argus) futures – expand our lineup to create the only exchange-traded, cash-settled contracts that address both portside and seaborne price exposure.

LATEST METALS NEWS

Features and benefits

Precise on-shore hedging

Better manage China portside exposure based on prices of iron ore traded at Qingdao Port.

Establishes a forward curve

China portside markets are a key indicator of seaborn price trends, creating a forward curve to help minimize supply chain risk at a key transactional point.

Denomination trading choice

The Portside Fines CNH fot Qingdao contract (PAC futures) offers precise exposure in CNH terms, while the Portside Fines USD Seaborne Equivalent (PAU) provides a USD-traded alternate.

Leading Argus portside benchmarks

The China portside contracts settle to portside benchmarks from Argus, a leading energy and commodity price reporting agency, enabling reliable, transparent pricing.

PRODUCTS

Seaborne Iron Ore futures and options

Iron Ore 62% Fe, CFR China (TSI) futures and options complement China portside contracts, enabling hedging of off-shore iron exposure against costs of production swings and supply-side price squeezes.

Explore this product in depth

View the latest insights on trends in the Metals market.

Courses

Take self-guided courses on Iron Ore futures and options products.

If you're new to futures, the courses below can help you quickly understand the Iron Ore market and start trading.

Contact a Metals expert

Connect with a member of our expert Metals team for more information about our products.

>

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2022 CME Group Inc. All rights reserved.