Shanghai Futures Exchange: Adjusting the trading margin ratio and price limits for new copper futures contracts.

The announcement from the Shanghai Futures Exchange states that, after research and decision-making, the following adjustments will be made to the price limits and trading margins for the following contracts: 1. The price limits for the Copper (CU2702), Aluminum (AL2702), Lead (PB2702), Zinc (ZN2702), and Aluminum Oxide (AO2702) contracts will be adjusted to 10%, with the hedging margin ratio adjusted to 11% and the general holding margin ratio adjusted to 12%. 2. The price limits for the Casting Aluminum Alloy (AD2702), Wire (WR2702), and Stainless Steel (SS2702) contracts will be adjusted to 8%, with the hedging margin ratio adjusted to 9% and the general holding margin ratio adjusted to 10%. 3. The price limits for the Nickel (NI2702) and Tin (SN2702) contracts will be adjusted to 12%, with the hedging margin ratio adjusted to 13% and the general holding margin ratio adjusted to 14%. 4. The price limits for the Gold (AU2605) contract will be adjusted to 17%, with the hedging margin ratio adjusted to 18% and the general holding margin ratio adjusted to 19%. 5. The price limits for the Silver (AG2702) contract will be adjusted to 20%, with the hedging margin ratio adjusted to 21% and the general holding margin ratio adjusted to 22%. 6. The price limits for the Rebar (RB2702), Hot Rolled Coil (HC2702), Pulp (SP2702), and Offset Printing Paper (OP2702) contracts will be adjusted to 7%, with the hedging margin ratio adjusted to 8% and the general holding margin ratio adjusted to 9%. 7. The price limits for the Fuel Oil (FU2703), Asphalt (BU2702), and Butadiene Rubber (BR2702) contracts will be adjusted to 9%, with the hedging margin ratio adjusted to 10% and the general holding margin ratio adjusted to 11%.