Please note that there will be a one-time price adjustment to SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures at the close of T-Session 在 Friday, 29 August 2025。这 adjustments will take effect on Monday, 1 September 2025. The price impact to be used for the one-time monetary adjustment, to be published by Platts, will be based on the average of the daily 62/61% Fe IODEX Basis Spread assessment from 1 July 2025 to 29 August 2025 (both dates inclusive).
SGX has confirmed that it will proceed with a one-time monetary adjustment for all Iron Ore contracts impacted by the changes in the IODEX and Lump Premium quality specifications.
This adjustment will impact clients with open positions in SGX Iron Ore Futures, Swaps, and Options expiring from January 2026 onwards (Example: FEF Jan26 onwards).
Please note that:
- Clients trading SGX Iron Ore Futures and Options should be made aware of this one-time P&L adjustment.
- Positions established from now until the cut-off should be managed with the upcoming adjustment in mind.
- For new positions expiring in 2026 and beyond, note that these will be settled using the new Platts specification.
Adjustment Example for Iron Ore Futures/Swaps
Adjustment Example for Iron Ore Options-on-Futures/Options-on-Swaps