Shanghai Futures Exchange Adjusts Margin Rates and Price Limits for Various Contracts

The Shanghai Futures Exchange has announced adjustments to the price limits and margin rates for several contracts, effective from their listing dates. According to Jin10, the changes include:

1. Copper CU2702, Aluminum AL2702, Lead PB2702, Zinc ZN2702, and Alumina AO2702 contracts will have their price limit adjusted to 10%, with hedging margin rates set at 11% and general margin rates at 12%.

2. Cast Aluminum Alloy AD2702, Wire WR2702, and Stainless Steel SS2702 contracts will see a price limit adjustment to 8%, hedging margin rates at 9%, and general margin rates at 10%.

3. Nickel NI2702 and Tin SN2702 contracts will have a price limit adjustment to 12%, with hedging margin rates at 13% and general margin rates at 14%.

4. The Gold AU2605 contract will have its price limit adjusted to 17%, hedging margin rates at 18%, and general margin rates at 19%.

5. The Silver AG2702 contract will see a price limit adjustment to 20%, with hedging margin rates at 21% and general margin rates at 22%.

6. Rebar RB2702, Hot Rolled Coil HC2702, Pulp SP2702, and Offset Printing Paper OP2702 contracts will have their price limit adjusted to 7%, hedging margin rates at 8%, and general margin rates at 9%.

7. Fuel Oil FU2703, Petroleum Asphalt BU2702, and Butadiene Rubber BR2702 contracts will have a price limit adjustment to 9%, with hedging margin rates at 10% and general margin rates at 11%.