Notice on Adjusting the Storage Capacity of Certified Delivery Warehouses for Lead Futures in Guangdong Province

Updated on Oct 20,2014

Notice on Adjusting the Storage Capacity of Certified Delivery Warehouses for Lead Futures in Guangdong Province

FROM: The Shanghai Futures Exchange

TO: All Members and Certified Delivery Warehouses for Lead Futures

SUBJECT: Notice on Adjusting the Storage Capacity of Certified Delivery Warehouses for Lead Futures in Guangdong Province

FILING SERIAL: SQBF [2014] No. 117

October 20, 2014

In order to accommodate the moves of China’s lead consumption sector, lead the logistics to match up with consumption demands, and facilitate the price discovery and hedging function of futures market to better serve the economic development, we hereby make the following adjustments in response to the application for adjusting the storage capacity of certified delivery warehouses for lead futures in Guangdong Province:

1. The lead futures storage capacity of the certified delivery warehouses of Guangdong Reserves Materials Management Bureau Division No. 830 is decreased from 40,000 tons to 20,000 tons;

2. The lead futures storage capacity of the certified delivery warehouses of Nanchu Storage Management Co., Ltd. is decreased from 30,000 tons to 20,000 tons; and

3. The lead futures storage capacity of the certified delivery warehouses of Guangdong Shengshi Nonferrous Metals Logistics Co. Ltd. is decreased from 20,000 tons to 15,000 tons.

The above-mentioned adjustment is enforced as from the issuance of this notice. Please notify your related clients and do well in risk prevention.