It's reported that on the morning of December 11th, a reporter learned from the Guangzhou Futures Exchange(GFEX) that more than 30 industrial customers have contacted the delivery warehouse for delivery and warehousing. It is understood that the inspected goods have been 100% qualified, and standard warehouse receipts will be generated one after another.
According to the relevant person in charge of GFEX, industrial clients have a strong willingness to deliver. As of December 10th, the intended delivery volume of lithium carbonate futures reached 10,500 tons. Considering the subsequent delivery needs, GFEX has agreed to increase the minimum guaranteed storage capacity of the delivery warehouse from 30000 tons to 60,000 tons in order to ensure sufficient delivery storage capacity. The overall minimum guaranteed storage capacity, including the registrable warehouse receipts for the delivery factory, is 631,500 tons.
Edited by Cassie Li, lixiangying@mysteel.com
