Regulations on Silver Warehouse Receipts Modified, Following Changes to Delivery Unit


Along with the contract unit, the delivery unit for silver will be modified from 60 kg to 30 kg, effective on October 27th, 2006 (applicable from the October 2007 contract onward; also including early deliveries in September 2007).

Accordingly, 60 kg warehouse receipts will not be valid for delivery from the October 2007 contract onward, and the regulations on the said warehouse receipts will be modified as specified below.

In addition, issued 30 kg warehouse receipts will continue to be valid after this modification is in effect.