BEIJING: Shanghai International Energy Exchange (INE) lowered the margin requirement for January crude contracts to 6 percent from Aug. 2, from 7 percent previously
INE also lowered the margin requirement for February contracts to 5.5 percent, from 7 percent, effective from Aug. 2
The exchange cut transaction fees for both January and February contracts to 5 yuan per lot from Aug. 3, from 20 yuan per lot previously.
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