SHFE Announces Ceiling for Positions Opened on Zinc, Lead for Non-Futures Investors

Published: Nov 30, 2016 17:03

Save

The Shanghai Futures Exchange (SHFE) decides ceiling for positions opened on zinc and lead contracts by non-futures companies or customers, according to its website.

SHANGHAI, Nov. 30 (SMM) - The Shanghai Futures Exchange (SHFE) decides ceiling for positions opened on zinc and lead contracts by non-futures companies or customers, according to its website.

Daily positions opened on SHFE 1701 and SHFE 1702 zinc contracts by non-futures companies and customers shall be no more than 1,500 apiece. Those on SHFE 1701 and SHFE 1702 lead contracts shall be no more than 1,000 apiece.

Such regulation will be effective starting the night session of November 30.

The ceiling refers to the total of long and short positions. Positions opened for hedge operation will not be subject to this limit.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Shanghai Futures Exchange (SHFE)lead zinc positions

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 mins ago

Data: SHFE, DCE market movement (Mar 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Mar , 2026

4 mins ago

13 mins ago

Overview of the new tax rebates for battery exports from China, effective from 1 April 2026.

On 9 January, China’s Ministry of Finance and the State Taxation Administration released a new export tax rebate policy. From 1 April 2026, China’s export tax rebates of up to 13% for solar battery panels will be rolled back, while the rebate rate for battery products will be reduced from 9% to 6%. The complete phase-out of tax rebates for the above-listed products is scheduled for 1 January 2027. This policy aims to negate price distortions emerged in overseas battery markets, which have long affected the profit margins of domestic manufacturers.

13 mins ago

24 mins ago

Bears Dominated the Market, Lead Prices Remained in the Doldrums [Brief Review of Lead Futures]

24 mins ago