Base on the provisions of Article 9 of the Measures for Risk Management of Dalian Commodity Exchange and after studies, DCE has decided to make changes of trading margins as well as upper and lower price fluctuation limits on various futures varieties around the 2012 Qingming Holiday break period as follows:
Starting from the settlement time of March 29, 2012 (Thursday) on, the minimum trading margins will increase to 8 percent for contracts of No. 1 soybeans, No.2 soybeans, soybean meal, soybean oil, RBD palm olein, PE, PVC and coke, and the upper and lower price fluctuation limits for these contracts will be expanded to 6 percent.
After resumption of trading on April 5, 2012 (Thursday) and starting from the settlement time of the first trading day without triggering price limits and without consecutive one-sided offer prices, the minimum trading margins will reverse to 7 percent for contracts of No. 1 soybeans, No. 2 soybeans, soybean meal, soybean oil, RBD palm olein, PE, PVC and coke, and the upper and lower price fluctuation limits for these contracts will reverse to 5 percent.
During the Qingming Holiday period, the minimum trading margin requirement for corn will remain at 7 percent and the upper and lower price fluctuation limits will stay unchanged at 5 percent.
All other matters regarding trading margins as well as upper and lower price fluctuation limits remain under relevant provisions of the Measures for Risk Management of Dalian Commodity Exchange.