有关马来西亚CPO触及跌停时交易的实施规则

DJ UPDATE: BMD CPO Futures Breach 1st Lower Limit On Stocks, Soy
12:22 H, A 6, 2008

(Adds explanation on trading limits, updates prices)


  KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives
exchange breached their first daily lower limit, falling as much as 10.4%
Monday, as estimates show a surge in inventory, and on spillover impact from
weak soyoil and crude oil.

  At midday, the benchmark December contract on Bursa Malaysia Derivatives was
trading MYR184 lower at MYR1,816/ton, after hitting an intraday low of
MYR1,792, which is 10.4% lower than the previous close.

  The first daily trading limit is 10%.

  When at least 3 non-spot contracts trade at the 10% limit, the BMD announces
a 10-minute cooling-off period for all contracts except the spot month. During
that time, trading can only take place within 10%.

  After the cooling-off, trading in all contracts is interrupted for 5 minutes,
following which prices for all contracts shall not vary more than 15% above or
below the settlement prices of the previous close.

  This implies that prices can now fall as low as 15% Monday, if there is
further selling pressure.

  The December contract touched the first daily trading limit of 10% when it
fell MYR200 to MYR1,800 a metric ton.

  The daily limits aren't applicable to the spot month, which is currently the
October contract.

  Traders estimate that Malaysia's end-month palm oil stocks may have again
risen to record levels of around 2.0 million tons in September due to weak
export numbers. Stocks were last around those levels in June.

[[i] 本帖最后由 iraqmlx 于 2008-10-6 15:45 编辑 [/i]]

朋友，能麻烦您用中文吗，谢谢