To member entities:

According to the Measures for Risk Management of Dalian Commodity Exchange, Dalian Commodity Exchange (DCE) has decided upon discussion to make the following adjustments to the price limits and the trading margins for futures contracts of each product before and after the 2020 Dragon Boat Festival Holiday:

From the settlement on June 23(Tuesday), 2020, the price limits of Iron Ore futures will be adjusted to10%, the hedging trading margins and speculation trading margins will be adjusted to 10% and 11%, respectively; the price limits of No.1 Soybean futures will be adjusted to 8%, the hedging trading margins and speculation trading margins will be adjusted to 8% and 9%, respectively; the price limits and the trading margins of other futures will remain unchanged.

After the trading is resumed on June 29, 2020 (Monday), the price limits and the trading margins of Iron Ore futures and No.1 Soybean futures shall remain unchanged as the same standards during the Dragon Boat Festival Holiday. The price limits and the trading margins of other futures shall remain unchanged.

If the above adjusted price limits and the trading margins are not consistent with the existing ones, the higher one of the two shall prevail.

As the 2020 Dragon Boat Festival holiday is coming and large fluctuations have been recorded in the market recently, all member entities are required to send risk alerts to the clients and intensify the prevention of market risks, so as to ensure the smooth market operation.