China raises futures trading margins to crackdown speculation

China's crackdown on commodity speculation and food prices are hitting the nation's futures markets. The government will increase margins on China's futures exchanges, where the world's top four agricultural contracts are traded.

The Dalian Commodity Exchange will set the daily trading limit at 10 percent. The Shanghai Futures Exchange, where the world's top three metals trade, has said it will increase margins for cooper, aluminum, steel wire, gold and fuel oil to 10 percent. The Zhengzhou Commodity Exchange will raise margin requirements for cotton, rice and sugar contracts to 12 percent.

Source: CNTV.cn