Chinese exchanges raise deposit requirement for agricultural futures
Dalian Commodity Exchange (DCE) and Zhengzhou Commodity Exchange (CZCE) have both announced to raise deposit requirements for agricultural futures trading next month, according to official statements released on Tuesday.
The required deposit rate for speculative trading of soymeal and soyoil derivatives will increase from 8% to 10% and 9% respectively, starting in April.
The rate for palm oil and corn contracts is also due to r...