agriculture

Dalian exchange raises margin requirement on speculative corn trades


Jan 11 (Reuters) – China’s Dalian Commodity Exchange on
Monday said it would raise the margin requirement on speculative
trades in its corn futures to 11% from 9% after settlement on
Wednesday.

The margin requirement for hedging trades remains unchanged
at 7%, the bourse said, after its most active contract corn
contract, for delivery in May, hit a record 2,911 yuan
($449) a tonne on Monday.
($1 = 6.4791 Chinese yuan renminbi)
(Reporting by Tom Daly, editing by Louise Heavens)

© Copyright Thomson Reuters 2021. Click For Restrictions – http://about.reuters.com/fulllegal.asp


View more information: https://www.agriculture.com/markets/newswire/dalian-exchange-raises-margin-requirement-on-speculative-corn-trades

Xem thêm bài viết thuộc chuyên mục: agriculture
READ:  CBOT wheat falls on technical selling, MGEX weak after rains in Canada

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button