Dalian Commodity Exchange Hikes Coke, Coking Coal Margins and Iron Ore Fees
Yicai Global
/SOURCE : Yicai
Dalian Commodity Exchange Hikes Coke, Coking Coal Margins and Iron Ore Fees

(Yicai Global) Nov. 10 -- The Dalian Commodity Exchange will hike trading margins on coke and coking coal to 13 percent today and 15 percent tomorrow in a bid to curb rapid price gains.

It will also double iron ore transaction fees to 0.012 percent from 0.006 percent tomorrow, while the day trading transaction fee will remain at 0.03 percent.

Zhengzhou Commodity Exchange, another major bulk commodity futures exchange, announced yesterday it will also increase its thermal coal transaction fees.

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