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DCE narrows price limits for coking coal, coke futures

ABSTRACT

The Dalian Commodity Exchange (DCE) has narrowed the price limits for five commodity-futures products including coking coal and coke, and lowered their trading margins for hedging purposes, effective April 12. Analysts attributed the adjustments to the exchange’s measures to quell futures-price volatility.
From the settlement at close on April 12, the DCE will trim the daily price limits for coking coal and coke futures from 10% previously to 8%, and their hedging trading margin will also be reduced to 8% from 10% previously. Trading margins for speculation, however, will remain unchanged at

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