The price limit of futures is relatively low, which is generally 3%-6% at present. (The exchange will adjust the price limit in time according to the trading situation, and the price limit of the contract variety near delivery will generally increase. ).

The price limit of copper is generally 4% (or 4% on the first day, 5% on the second day and 6% on the third day). )

Generally, there are three consecutive stops in one direction, and the exchange will arrange the loss-making customers to close their positions to reduce the risk.

The range of futures price limit is based on the settlement price (average price) of the previous trading day, and has nothing to do with the closing price (or opening price).

take for example

The settlement price of copper yesterday was 30,000 yuan (calculated at 4%).

Up to 3 1200.

It fell at 28800 hours.