Guangzhou Futures Exchange Tightens Lithium carbonate Trading Rules

The Guangzhou Futures Exchange in China announced adjustments to price limits and margin requirements for lithium carbonate futures contracts, taking effect on January 21. The daily price limit increases to 11%, with margin requirements set at 13% for speculative trading and 12% for hedging.

The Guangzhou Futures Exchange in China has announced significant changes to the trading conditions of lithium carbonate futures contracts, effective from January 21.

The exchange will adjust the daily price limit to 11%, while margin requirements will rise to 13% for speculative trading and 12% for hedging transactions.

The bourse emphasized that if the new limits and margins exceed current levels, the higher values will be enforced.

(With inputs from agencies.)