The Shanghai Futures Exchange said it will adjust daily price limits and trading margin requirements for several futures contracts starting from settlement after the close on July 2, 2026. According to Jin10, the exchange’s notice covered gold, copper, aluminum, zinc, lead, alumina, nickel, and stainless steel futures. For gold futures contracts AU2607, AU2608, AU2609, AU2610, AU2612, AU2702, and AU2704, the daily price limit was set at 14%. The hedging margin requirement was set at 15%, and the general position margin requirement was set at 16%. For copper futures contracts CU2607, CU2608, CU2609, CU2610, CU2611, CU2612, CU2701, and CU2702, the daily price limit was set at 9%. The hedging margin requirement was set at 10%, and the general position margin requirement was set at 11%. For aluminum futures contracts AL2607, AL2608, AL2609, AL2610, AL2611, AL2612, AL2701, and AL2702, the daily price limit was set at 9%. The hedging margin requirement was set at 10%, and the general position margin requirement was set at 11%. For zinc futures contracts ZN2607, ZN2608, ZN2609, ZN2610, ZN2611, ZN2612, ZN2701, and ZN2702, the daily price limit was set at 9%. The hedging margin requirement was set at 10%, and the general position margin requirement was set at 11%. For lead futures contracts PB2607, PB2608, PB2609, PB2610, PB2611, PB2612, PB2701, and PB2702, the daily price limit was set at 9%. The hedging margin requirement was set at 10%, and the general position margin requirement was set at 11%. For alumina futures contracts AO2607, AO2608, AO2609, AO2610, AO2611, AO2612, AO2701, and AO2702, the daily price limit was set at 9%. The hedging margin requirement was set at 10%, and the general position margin requirement was set at 11%. For nickel futures contracts NI2607, NI2608, NI2609, NI2610, NI2611, NI2612, NI2701, NI2702, and NI2703, the daily price limit was set at 10%. The hedging margin requirement was set at 11%, and the general position margin requirement was set at 12%. For stainless steel futures contracts SS2607, SS2608, SS2609, SS2610, SS2611, SS2612, SS2701, and SS2702, the daily price limit was set at 5%. The hedging margin requirement was set at 6%, and the general position margin requirement was set at 7%.
