China Exchange Circulars RSS & API中文

DCE soybean meal futures (M): 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
M26117%7%±6%CNY 1.5/lotCNY 1.5/lot20,00020,000
M26127%7%±6%CNY 1.5/lotCNY 1.5/lot20,00020,000
M27017%7%±6%CNY 1.5/lotCNY 1.5/lot109,65720,000
M27037%7%±6%CNY 1.5/lotCNY 1.5/lot24,18320,000
M27057%7%±6%CNY 1.5/lotCNY 1.5/lot45,34820,000
M27077%7%±6%CNY 1.5/lotCNY 1.5/lot20,00020,000
M27087%7%±6%CNY 1.5/lotCNY 1.5/lot20,00020,000
M27097%7%±6%CNY 1.5/lotCNY 1.5/lot20,00020,000

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.

Parameter history

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

  1. Position limit Client buy position quota: 111062 lots; Client buy series quota: 111062 lots; Proprietary buy quota: 111062 lots; Proprietary buy series quota: 111062 lots → Client buy position quota: 109657 lots; Client buy series quota: 109657 lots; Proprietary buy quota: 109657 lots; Proprietary buy series quota: 109657 lotsM2701 · Compared with 2026-10-23
  2. Position limit Client buy position quota: 23792 lots; Client buy series quota: 23792 lots; Proprietary buy quota: 23792 lots; Proprietary buy series quota: 23792 lots → Client buy position quota: 24183 lots; Client buy series quota: 24183 lots; Proprietary buy quota: 24183 lots; Proprietary buy series quota: 24183 lotsM2703 · Compared with 2026-10-23
  3. Position limit Client buy position quota: 45136 lots; Client buy series quota: 45136 lots; Proprietary buy quota: 45136 lots; Proprietary buy series quota: 45136 lots → Client buy position quota: 45348 lots; Client buy series quota: 45348 lots; Proprietary buy quota: 45348 lots; Proprietary buy series quota: 45348 lotsM2705 · Compared with 2026-10-23
  4. Position limit Client buy position quota: 112452 lots; Client buy series quota: 112452 lots; Proprietary buy quota: 112452 lots; Proprietary buy series quota: 112452 lots → Client buy position quota: 111062 lots; Client buy series quota: 111062 lots; Proprietary buy quota: 111062 lots; Proprietary buy series quota: 111062 lotsM2701 · Compared with 2026-10-22
  5. Position limit Client buy position quota: 23598 lots; Client buy series quota: 23598 lots; Proprietary buy quota: 23598 lots; Proprietary buy series quota: 23598 lots → Client buy position quota: 23792 lots; Client buy series quota: 23792 lots; Proprietary buy quota: 23792 lots; Proprietary buy series quota: 23792 lotsM2703 · Compared with 2026-10-22
  6. Position limit Client buy position quota: 45076 lots; Client buy series quota: 45076 lots; Proprietary buy quota: 45076 lots; Proprietary buy series quota: 45076 lots → Client buy position quota: 45136 lots; Client buy series quota: 45136 lots; Proprietary buy quota: 45136 lots; Proprietary buy series quota: 45136 lotsM2705 · Compared with 2026-10-22
Show 28 more
  1. Position limit Client buy position quota: 113169 lots; Client buy series quota: 113169 lots; Proprietary buy quota: 113169 lots; Proprietary buy series quota: 113169 lots → Client buy position quota: 112452 lots; Client buy series quota: 112452 lots; Proprietary buy quota: 112452 lots; Proprietary buy series quota: 112452 lotsM2701 · Compared with 2026-10-21
  2. Position limit Client buy position quota: 22643 lots; Client buy series quota: 22643 lots; Proprietary buy quota: 22643 lots; Proprietary buy series quota: 22643 lots → Client buy position quota: 23598 lots; Client buy series quota: 23598 lots; Proprietary buy quota: 23598 lots; Proprietary buy series quota: 23598 lotsM2703 · Compared with 2026-10-21
  3. Position limit Client buy position quota: 43512 lots; Client buy series quota: 43512 lots; Proprietary buy quota: 43512 lots; Proprietary buy series quota: 43512 lots → Client buy position quota: 45076 lots; Client buy series quota: 45076 lots; Proprietary buy quota: 45076 lots; Proprietary buy series quota: 45076 lotsM2705 · Compared with 2026-10-21
  4. Position limit Client buy position quota: 114102 lots; Client buy series quota: 114102 lots; Proprietary buy quota: 114102 lots; Proprietary buy series quota: 114102 lots → Client buy position quota: 113169 lots; Client buy series quota: 113169 lots; Proprietary buy quota: 113169 lots; Proprietary buy series quota: 113169 lotsM2701 · Compared with 2026-10-20
  5. Position limit Client buy position quota: 21999 lots; Client buy series quota: 21999 lots; Proprietary buy quota: 21999 lots; Proprietary buy series quota: 21999 lots → Client buy position quota: 22643 lots; Client buy series quota: 22643 lots; Proprietary buy quota: 22643 lots; Proprietary buy series quota: 22643 lotsM2703 · Compared with 2026-10-20
  6. Position limit Client buy position quota: 42015 lots; Client buy series quota: 42015 lots; Proprietary buy quota: 42015 lots; Proprietary buy series quota: 42015 lots → Client buy position quota: 43512 lots; Client buy series quota: 43512 lots; Proprietary buy quota: 43512 lots; Proprietary buy series quota: 43512 lotsM2705 · Compared with 2026-10-20
  7. Position limit Client buy position quota: 114224 lots; Client buy series quota: 114224 lots; Proprietary buy quota: 114224 lots; Proprietary buy series quota: 114224 lots → Client buy position quota: 114102 lots; Client buy series quota: 114102 lots; Proprietary buy quota: 114102 lots; Proprietary buy series quota: 114102 lotsM2701 · Compared with 2026-10-19
  8. Position limit Client buy position quota: 21280 lots; Client buy series quota: 21280 lots; Proprietary buy quota: 21280 lots; Proprietary buy series quota: 21280 lots → Client buy position quota: 21999 lots; Client buy series quota: 21999 lots; Proprietary buy quota: 21999 lots; Proprietary buy series quota: 21999 lotsM2703 · Compared with 2026-10-19
  9. Position limit Client buy position quota: 41933 lots; Client buy series quota: 41933 lots; Proprietary buy quota: 41933 lots; Proprietary buy series quota: 41933 lots → Client buy position quota: 42015 lots; Client buy series quota: 42015 lots; Proprietary buy quota: 42015 lots; Proprietary buy series quota: 42015 lotsM2705 · Compared with 2026-10-19
  10. Position limit Client buy position quota: 116095 lots; Client buy series quota: 116095 lots; Proprietary buy quota: 116095 lots; Proprietary buy series quota: 116095 lots → Client buy position quota: 114224 lots; Client buy series quota: 114224 lots; Proprietary buy quota: 114224 lots; Proprietary buy series quota: 114224 lotsM2701 · Compared with 2026-10-16
  11. Position limit Client buy position quota: 20502 lots; Client buy series quota: 20502 lots; Proprietary buy quota: 20502 lots; Proprietary buy series quota: 20502 lots → Client buy position quota: 21280 lots; Client buy series quota: 21280 lots; Proprietary buy quota: 21280 lots; Proprietary buy series quota: 21280 lotsM2703 · Compared with 2026-10-16
  12. Position limit Client buy position quota: 41866 lots; Client buy series quota: 41866 lots; Proprietary buy quota: 41866 lots; Proprietary buy series quota: 41866 lots → Client buy position quota: 41933 lots; Client buy series quota: 41933 lots; Proprietary buy quota: 41933 lots; Proprietary buy series quota: 41933 lotsM2705 · Compared with 2026-10-16
  13. Position limit Client buy position quota: 119146 lots; Client buy series quota: 119146 lots; Proprietary buy quota: 119146 lots; Proprietary buy series quota: 119146 lots → Client buy position quota: 116095 lots; Client buy series quota: 116095 lots; Proprietary buy quota: 116095 lots; Proprietary buy series quota: 116095 lotsM2701 · Compared with 2026-10-15
  14. Position limit Client buy position quota: 20599 lots; Client buy series quota: 20599 lots; Proprietary buy quota: 20599 lots; Proprietary buy series quota: 20599 lots → Client buy position quota: 20502 lots; Client buy series quota: 20502 lots; Proprietary buy quota: 20502 lots; Proprietary buy series quota: 20502 lotsM2703 · Compared with 2026-10-15
  15. Position limit Client buy position quota: 41568 lots; Client buy series quota: 41568 lots; Proprietary buy quota: 41568 lots; Proprietary buy series quota: 41568 lots → Client buy position quota: 41866 lots; Client buy series quota: 41866 lots; Proprietary buy quota: 41866 lots; Proprietary buy series quota: 41866 lotsM2705 · Compared with 2026-10-15
  16. Position limit Client buy position quota: 120466 lots; Client buy series quota: 120466 lots; Proprietary buy quota: 120466 lots; Proprietary buy series quota: 120466 lots → Client buy position quota: 119146 lots; Client buy series quota: 119146 lots; Proprietary buy quota: 119146 lots; Proprietary buy series quota: 119146 lotsM2701 · Compared with 2026-10-14
  17. Position limit Client buy position quota: 20206 lots; Client buy series quota: 20206 lots; Proprietary buy quota: 20206 lots; Proprietary buy series quota: 20206 lots → Client buy position quota: 20599 lots; Client buy series quota: 20599 lots; Proprietary buy quota: 20599 lots; Proprietary buy series quota: 20599 lotsM2703 · Compared with 2026-10-14
  18. Position limit Client buy position quota: 41179 lots; Client buy series quota: 41179 lots; Proprietary buy quota: 41179 lots; Proprietary buy series quota: 41179 lots → Client buy position quota: 41568 lots; Client buy series quota: 41568 lots; Proprietary buy quota: 41568 lots; Proprietary buy series quota: 41568 lotsM2705 · Compared with 2026-10-14
  19. Position limit Client buy position quota: 20986 lots; Client buy series quota: 20986 lots; Proprietary buy quota: 20986 lots; Proprietary buy series quota: 20986 lots → Client buy position quota: 20000 lots; Client buy series quota: 20000 lots; Proprietary buy quota: 20000 lots; Proprietary buy series quota: 20000 lotsM2611 · Compared with 2026-10-13
  20. Position limit Client buy position quota: 120462 lots; Client buy series quota: 120462 lots; Proprietary buy quota: 120462 lots; Proprietary buy series quota: 120462 lots → Client buy position quota: 120466 lots; Client buy series quota: 120466 lots; Proprietary buy quota: 120466 lots; Proprietary buy series quota: 120466 lotsM2701 · Compared with 2026-10-13
  21. Position limit Client buy position quota: 20000 lots; Client buy series quota: 20000 lots; Proprietary buy quota: 20000 lots; Proprietary buy series quota: 20000 lots → Client buy position quota: 20206 lots; Client buy series quota: 20206 lots; Proprietary buy quota: 20206 lots; Proprietary buy series quota: 20206 lotsM2703 · Compared with 2026-10-13
  22. Position limit Client buy position quota: 42234 lots; Client buy series quota: 42234 lots; Proprietary buy quota: 42234 lots; Proprietary buy series quota: 42234 lots → Client buy position quota: 41179 lots; Client buy series quota: 41179 lots; Proprietary buy quota: 41179 lots; Proprietary buy series quota: 41179 lotsM2705 · Compared with 2026-10-13
  23. Position limit Client buy position quota: 22627 lots; Client buy series quota: 22627 lots; Proprietary buy quota: 22627 lots; Proprietary buy series quota: 22627 lots → Client buy position quota: 20986 lots; Client buy series quota: 20986 lots; Proprietary buy quota: 20986 lots; Proprietary buy series quota: 20986 lotsM2611 · Compared with 2026-10-12
  24. Position limit Client buy position quota: 120680 lots; Client buy series quota: 120680 lots; Proprietary buy quota: 120680 lots; Proprietary buy series quota: 120680 lots → Client buy position quota: 120462 lots; Client buy series quota: 120462 lots; Proprietary buy quota: 120462 lots; Proprietary buy series quota: 120462 lotsM2701 · Compared with 2026-10-12
  25. Position limit Client buy position quota: 42614 lots; Client buy series quota: 42614 lots; Proprietary buy quota: 42614 lots; Proprietary buy series quota: 42614 lots → Client buy position quota: 42234 lots; Client buy series quota: 42234 lots; Proprietary buy quota: 42234 lots; Proprietary buy series quota: 42234 lotsM2705 · Compared with 2026-10-12
  26. Position limit Client buy position quota: 24152 lots; Client buy series quota: 24152 lots; Proprietary buy quota: 24152 lots; Proprietary buy series quota: 24152 lots → Client buy position quota: 22627 lots; Client buy series quota: 22627 lots; Proprietary buy quota: 22627 lots; Proprietary buy series quota: 22627 lotsM2611 · Compared with 2026-10-09
  27. Position limit Client buy position quota: 124280 lots; Client buy series quota: 124280 lots; Proprietary buy quota: 124280 lots; Proprietary buy series quota: 124280 lots → Client buy position quota: 120680 lots; Client buy series quota: 120680 lots; Proprietary buy quota: 120680 lots; Proprietary buy series quota: 120680 lotsM2701 · Compared with 2026-10-09
  28. Position limit Client buy position quota: 42207 lots; Client buy series quota: 42207 lots; Proprietary buy quota: 42207 lots; Proprietary buy series quota: 42207 lots → Client buy position quota: 42614 lots; Client buy series quota: 42614 lots; Proprietary buy quota: 42614 lots; Proprietary buy series quota: 42614 lotsM2705 · Compared with 2026-10-09

Notice timeline

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

No matching notices in the published archive.

Get an alert when DCE changes soybean meal 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.