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Updated on Apr 26,2007

SHFE Modifies Aluminum Tick Size and Position Limit

SHFE has announced revising the tick size and position limit for its aluminum futures contract.

From contract AL0805 and forward, the tick size is 5yuan/ton.

From contract AL0709 and forward, the position limit one month prior to the spot month is:

for brokerage member, 10000 lots;

for non-brokerage member, 1500 lots;

for investor, 1000 lots.

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