Shanghai Futures Exchange (hereinafter referred to as “SHFE”) hereby notifies the trading adjustments as follows:
As from Friday, July 10, 2026, SHFE will adjust the price limits and trading margin rates for the contracts listed below when the daily clearing process begins:
The price limits of Bitumen and Butadiene Rubber futures contracts will be ±10% from the settlement price of the previous trading day, the trading margin rates for hedging will be 11% of the contract value, and the trading margin rates for general positions will be 12% of the contract value.
The price limits of Natural Rubber futures contracts RU2607, RU2608, RU2609, RU2610, RU2611, RU2701, RU2703 will be ±7% from the settlement price of the previous trading day, the trading margin rates for hedging will be 8% of the contract value, and the trading margin rates for general positions will be 9% of the contract value.
The price limits of Woodpulp futures contracts SP2607, SP2608, SP2609, SP2610, SP2611, SP2612, SP2701, SP2702, SP2703 will be ±5% from the settlement price of the previous trading day, the trading margin rates for hedging will be 6% of the contract value, and the trading margin rates for general positions will be 7% of the contract value.
The price limits of Offset Paper futures contracts OP2607, OP2608, OP2609, OP2610, OP2611, OP2612, OP2701, OP2702, OP2703 will be ±5% from the settlement price of the previous trading day, the trading margin rates for hedging will be 6% of the contract value, and the trading margin rates for general positions will be 7% of the contract value.
In case of the situation stipulated in Article 13 of the Risk Management Rules of the Shanghai Futures Exchange, the price limits and the trading margin rates will be further adjusted on the basis of the above mentioned parameters.
Please refer to the Risk Management Rules of the Shanghai Futures Exchange for other provisions concerning the price limits and trading margins.
In the event of any inconsistency between the Chinese version and English translation, the Chinese version shall prevail.
