深夜！交易所，重磅出手！什么信号？

Core Viewpoint - The Guangxi Futures Exchange has implemented multiple risk control measures for platinum, palladium, lithium carbonate, and polysilicon futures to strengthen market risk management amid significant price volatility [2][3]. Group 1: Risk Control Measures - Effective December 25, 2025, trading fees for platinum futures (PT2606) and palladium futures (PD2606) will be adjusted to 0.025% of the transaction amount, while lithium carbonate futures (LC2605) will have a trading fee of 0.032% [3]. - The daily price fluctuation limit for platinum and palladium futures will be set at 10%, with a trading margin requirement of 12% [3]. - For polysilicon futures, the daily opening position limit for non-futures company members or clients will be restricted to 200 lots starting December 25, 2025 [5]. Group 2: Market Reactions and Trends - As of December 23, 2023, platinum futures closed at a limit-up of 10%, reaching 619.95 yuan per gram, while palladium futures rose by 5.52% to 532.55 yuan per gram, and lithium carbonate surged by 5.67% to 120,360 yuan per ton [4]. - The trading sentiment in the polysilicon market has cooled, with the main contract closing down 0.91% at 59,225 yuan per ton, and trading volume and open interest declining for three consecutive days [7]. - The polysilicon spot price has rebounded from a low of approximately 35 yuan per kilogram earlier in the year to over 50 yuan per kilogram, reflecting the market's response to policy expectations and trading mechanisms [8].