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Shanghai to halt most copper futures trade on Thurs(rubber machinery in China)
Post time:2009-01-13 15:28:06   Click:65

CMG INTERNATIONAL TRADING DALIAN CO. ,mainly in regard of foreign trade of rubber machinery,manages all kinds of rubber machinery&equipment such as rubber mixing mill,internal mixer(banbury),dispersion mixe(kneader) ,rubber calender,rubber extruder,plate vulcanizer machine,rotary curing machine,precure tread liner moulding press machine,rubber powder and reclaimed rubber equipment,rubber hoses production line,rubber strip production line,tire building machine,heating water deaerator,tire shaping& curing press,cord splitting machine,cycle tire equipment,raw material machinery,check & measuring equipment,etc.

We warmly welcome new and old customers home and abroad,friends from all walks of life to negotiate and cooperate with us.Let's co-create a better future!

 

 

The Shanghai Futures Exchange announced after the market closed on Wednesday that trading in most copper futures contracts on the exchange's board would be suspended on Thursday due to three straight days of limit falls.

A total of 10 major contracts ranging from October 2008 to July 2009 had closed down their daily limit -- 4 percent for the first day, 5 percent for the second day and 6 percent for the third day -- from Monday to Wednesday.

"In line with exchange regulations, these contracts will be suspended from trading on the next trading day," the exchange said in a statement. Initially, its statement appeared to refer to only two copper contracts.

The exchange also announced a trading halt for rubber March and May 2009 contracts on Thursday for the same reason.

It also outlined changes in margin requirements and daily limit levels for some rubber and zinc contracts for limit falls up to two days.

 

CMG International Trading Dalian Co,Ltd

Contact Person: William Yang

MSN: williamy98@hotmail.com

Telephone: 86-0411-82766648

Fax: 86-0411-82766647

E-Mail: williamy98@yahoo.com.cn

Address: 22th floor,wan ke mansion,NO.67 Tong Xing street,zhong shan district,Dalian,Liaoning provice,China

 
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