China Merchants has issued a notice on adjusting the trading limits for iron ore futures contracts. Starting from the time of trading on September 9, 2026, non-futures company members or customers must not open more than 5,000 lots in a single day for each iron ore futures contract. This daily position opening volume refers to the sum of the number of positions that non-futures company members or customers bought and opened on a single iron ore futures contract on the same day. There is no limit on the number of open positions for hedging transactions and market making trades. Accounts with actual control relationships are managed as a single account. The exchange will adjust transaction limits according to market conditions.

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