# CZCE adjusts silicomanganese (SM) delivery warehouse premiums/discounts from SM2711 contract

The official Chinese text prevails.

## English summary

CZCE announced adjustments to the delivery premiums and discounts (升贴水) of some silicomanganese futures delivery warehouses, applying from the SM2711 contract onward. In the extracted table, 中储发展股份有限公司天津分公司 changes from -190 to -140 yuan/tonne. The table also lists 天津中储陆通物流有限公司, 中储发展股份有限公司天津塘沽分公司, 厦门建发仓储有限公司 and 厦门象屿速传供应链发展股份有限公司, but their individual values cannot be read from the text.

Timing stated in this notice: New premium/discount standards apply from the SM2711 contract onward.

Scope: Some CZCE silicomanganese (SM) futures delivery warehouses listed in the notice, for SM2711 and later contracts.

Limitations: The table text is flattened. Only the -190 to -140 yuan/tonne change for 中储发展股份有限公司天津分公司 can be read directly. Values for the other listed warehouses, including whether they share this value, are not established. No reason for the change is stated.

Topics: [Delivery](https://chinaexchangecirculars.com/topics/delivery/)

## Evidence excerpts

> 对锰硅期货部分交割仓库升贴水进行调整

> 自SM2711合约起执行新的升贴水标准

> 中储发展股份有限公司天津分公司-190-140

## Source and dates

Original Chinese title: 关于调整锰硅部分交割仓库升贴水的公告

Official publication date: 2026-10-28

[Official Chinese source](http://www.czce.com.cn/cn/gyjys/jysdt/ggytz/webinfo/2026/10/23e703fc0ef243e6a00c77a7815a2e8b.htm)

[CEC HTML](https://chinaexchangecirculars.com/notices/czce-58239ce19af56b253ce3/) · [Canonical notice](https://chinaexchangecirculars.com/notices/czce-58239ce19af56b253ce3/)

## Chinese original

```text
〔2026〕161号 经研究决定，对锰硅期货部分交割仓库升贴水进行调整，自SM2711合约起执行新的升贴水标准。具体内容如下。交割仓库名称原升贴水（元/吨）调整后升贴水（元/吨）中储发展股份有限公司天津分公司-190-140天津中储陆通物流有限公司中储发展股份有限公司天津塘沽分公司厦门建发仓储有限公司厦门象屿速传供应链发展股份有限公司特此公告。 郑州商品交易所2026年10月28日
```

Independently compiled for information only, not investment advice. Official Chinese notices and your broker’s applicable terms prevail.