Please be advised that the following margin levels would be applicable with effect from 9 June 2004: -
| RSS 1, RSS 3 and TSR 20 (FOB) Contracts | S$/tonne | |
| Outright | Spread | |
| Initial Margin | 55 | 40 | 
| Maintenance Margin | 40 | 30 | 
Brokers may charge margins in S$ as given above or the US$ equivalent.
 
             
           
 
 
