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2026-05-28 19:51:44
[Guangzhou Futures Exchange Adjusts Position Limits for Lithium Carbonate Futures] On May 28, the Guangzhou Futures Exchange (GFE) announced adjustments to the position limits for general months of lithium carbonate futures contracts. Starting with the lithium carbonate futures contract LC2610, from the contract listing date to the 9th trading day of the month preceding the delivery month (i.e., the general month), the position limit is 5% of the contract's total open interest when the single-sided open interest exceeds 60,000 lots, and 3,000 lots when the single-sided open interest is below 60,000 lots. A GFE official stated that this adjustment was made based on a thorough assessment of the product's performance, combined with market development needs and the requirements of "strengthening supervision, preventing risks, and promoting high-quality development," aiming to ensure the stable operation of the futures market. Going forward, the GFE will continue to optimize product rules, strengthen risk assessment and market supervision, and strive to ensure the safe and stable operation of the futures market. Industry insiders believe this adjustment can be understood as a reduction in position limits and stricter position management. Industrial clients can apply for hedging position limits based on their operational needs; this adjustment to position limits will not affect their participation. (Guangzhou Futures Exchange)
