China's Dalian exchange issues risk notice amid volatile futures market

China’s Dalian Commodity Exchange (DCE) issued a risk notice on Monday May 10 amid high volatility in the commodity futures in recent days, with its price limits rising in response to various contracts hitting their daily ceilings on the same day.

The DCE said in its notice that it had noticed increased volatility in the futures contracts for coking coal, coke and iron ore due to fundamental changes and fluctuation in ex-China markets in recent days.

“The June, September, October and December iron ore futures contracts, and the contracts for January to April 2022 all rose to their upper...

Published

Zihao Yu

May 11, 2021

07:55 GMT

Singapore