金属品种波动较大，上期所连发多条通知

Core Viewpoint - The Shanghai Futures Exchange (SHFE) has announced several measures in response to the recent volatility in metal prices due to complex international circumstances, urging market participants to take risk prevention measures and maintain market stability [1]. Group 1: Trading Limits and Margin Adjustments - The SHFE has adjusted the trading limits for silver futures contracts, setting a maximum daily opening position of 7,000 lots for non-futures company members and special overseas non-broker participants starting from January 9, 2026 [2]. - The margin requirements and price fluctuation limits for silver futures contracts (AG2601, AG2602, AG2603, AG2604) have been revised, with the new price fluctuation limit set at 16% and the margin for hedging positions adjusted to 17%, while the general position margin is set at 18% [3][4]. Group 2: Transaction Fees - The SHFE has also revised the transaction fees for silver and other futures contracts, effective from January 9, 2026. The transaction fee for day trading of the silver futures AG2604 contract will be adjusted to 0.25% of the transaction amount, while the fee for the tin futures SN2602 contract will be set at 15 yuan per lot for day trading [4][6].