DCE live hog futures (LH): margin, price limit and fees

End-of-day open interest is not yet verified. Contract-level parameters are listed below.

Official DCE parameters for trading day 26 Oct 2026 · DCE source ↗

By contract

ContractSpec. marginHedge marginPrice limitFeeClose-today feePosition limitOpening limit
LH26118%8%±6%0.01%0.02%301,000
LH27018%8%±6%0.01%0.02%5001,000
LH27038%8%±6%0.01%0.02%5001,000
LH27058%8%±6%0.01%0.02%5001,000
LH27078%8%±6%0.01%0.02%2001,000
LH27098%8%±6%0.01%0.02%5001,000

Fees as a share of turnover unless shown per lot. Position and opening limits in lots per contract. A contract near or in its delivery month can carry a higher margin, and the exchange may list no price limit for it.

Current snapshot and announced changes

LH2701 · Announced, not yet effective

Announced trading margin: 8% → 10% · From settlement on 2026-10-27.

Latest daily snapshot: 2026-10-26 · Speculative margin 8%. The announced standard and the daily snapshot are shown separately.

The higher prescribed margin applies if other margin adjustments also apply.

Notice and official source · Official notice

Parameter history

Parameter values compared by trading day; dates are not notice effective times.

  1. Position limit Client buy position quota: 125 lots; Client buy series quota: 125 lots; Proprietary buy quota: 125 lots; Proprietary buy series quota: 125 lots → Client buy position quota: 30 lots; Client buy series quota: 30 lots; Proprietary buy quota: 30 lots; Proprietary buy series quota: 30 lotsLH2611 · Compared with 2026-10-19

Notice timeline

Published notices mentioning this product, ordered by the exchange publication date.

  1. DCE raises live hog LH2701 margin from 8% to 10% at 27 October 2026 settlement
  2. DCE live hog futures risk alert: 20 October 2026
  3. DCE amends live hog futures business rules for LH2611 and later contracts
  4. DCE factory warehouse receipt collateral rules: 130% of receipt market value, effective 22 Sep 2026

Get an alert when DCE changes live hog margins or limits: CEC Pro.

Sources

Values are copied from the Dalian Commodity Exchange's official daily trading and settlement parameters for 26 Oct 2026, with no adjustment. Hours: Futures Clock · Holidays: Markets Open Today. The exchange's own publication prevails.