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SHANGHAI, Nov. 23 (SMM) – Shanghai Futures Exchange (SHFE) announced Tuesday to raise margins and trading limits on futures contracts, including copper, aluminum, zinc, lead, nickel, tin, rebar, hot rolled coil, rubber and bitumen.
Shanghai to Raise Trading Margins for Aluminum, Lead, Zinc and Tin from Nov. 11
Margins and daily movement limits for those contracts will be lifted to 9 per cent and 7 per cent from Nov. 24, up from 8 per cent and 6 per cent, respectively.
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