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What is the daily limit of rapeseed meal?
The daily limit system of rapeseed meal futures is that the exchange limits the maximum fluctuation range of daily price to within 5% of the settlement price of the previous trading day.

Rapeseed meal futures are common futures trading varieties in the futures market, and can be traded by opening an account normally.

The highest price limit of the stock price on the trading day in the securities market is called the daily limit, and the stock price at the daily limit is called the daily limit price. Generally speaking, stocks that are sealed at the opening of the market have strong motivation. As long as the daily limit is not opened on the same day, there will still be upward momentum the next day. The stocks that were suddenly pulled to the daily limit at the end of the day will be suspected of shipping or cheating the next day. Be careful. In China stock market, the daily limit of stock prices except A-shares is 10%, and the daily limit is 10%. Buying continues until the close, which is called the daily limit. ST stock price is set at 5%, and the daily limit is when it reaches 5%. The daily limit means that the price stops rising that day, not stopping trading.

The price limit system originated from the early foreign securities market. It is a trading system in the securities market to prevent the trading price from soaring and plunging, curb excessive speculation and appropriately limit the price rise and fall of each stock on the same day. Some exchanges will set daily quotas for securities, commodities and contracts. For example, a single stock can only rise or fall by 10% compared with the closing price in a single trading day. When the price rises to the upper limit of the day, it is called daily limit, and when the price falls to price floor, it is called daily limit. Some exchanges will stop trading at the daily limit or daily limit until the market price breaks away from the price limit; Some exchanges will resume trading within an expanded price range after a short suspension.

The current price limit system of China's securities market was promulgated on February 2003 1996 13, and implemented on February 26, 2006, aiming at protecting investors' interests, maintaining market stability and further promoting market norms. According to the regulations, except for the first day of listing, the trading price of stocks (including A and B shares) and fund securities in a trading day shall not exceed 10% compared with the closing price of the previous trading day (stocks starting with S, st and s*st shall not exceed 5%), and the entrustment exceeding the price limit shall be invalid. The main difference between China's price limit system and foreign systems is that after the stock price reaches the price limit, it does not completely stop trading, and the trading within the price limit or the price limit can continue until the close of the day. China's Shanghai and Shenzhen stock exchanges impose restrictions on the trading of stocks and funds, with the increase ratio of 10%, of which the increase ratio of ST shares and *ST shares is 5%. The formula for calculating the increase of stocks and funds is: increase = previous closing price ×( 1+ increase ratio), and the calculation result is rounded to the smallest unit of price change.