Multiple exchanges urgently issue alerts! Prepare for market risk management

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Multiple exchanges have issued notices, urging market participants to strengthen risk control measures.

On March 2nd, several exchanges released notices or risk alerts regarding market risk management. The notices stated that recent developments in the Middle East are complex and volatile, leading to significant market fluctuations. They advised relevant entities to take appropriate measures, remind investors to be cautious of risks, invest rationally, and jointly maintain market stability.

On March 2nd, domestic commodity futures prices broadly rose. Container shipping European routes hit the daily limit, up 15%. Fuel oil, LU fuel oil, crude oil, methanol, pure benzene, propylene, polypropylene, ethylene glycol, liquefied gas, and plastics all hit the daily limit. Shanghai silver rose over 9%. Para-xylene, rubber, and PTA increased over 6%. Asphalt, styrene, and bottle chips rose nearly 6%. Short fiber increased over 5%. Shanghai gold rose over 4%. Shanghai aluminum increased over 3%. In contrast, polysilicon fell over 2%. Live pigs, caustic soda, and urea declined over 1%.

Additionally, multiple banks issued urgent warnings about risks in the precious metals market. On March 2nd, ICBC stated that due to recent intensification of international geopolitical risks, prices in the precious metals market have experienced significant volatility. They advised investors to closely monitor market changes, strengthen risk awareness, participate rationally in trading, and protect asset safety.

On the same day, Postal Savings Bank of China also issued a reminder that domestic and international precious metals markets have experienced sharp price fluctuations recently, with increased uncertainties. The bank’s announcement advised clients involved in gold savings and physical precious metals to carefully assess their financial situation and risk tolerance, invest rationally, allocate assets reasonably, avoid chasing gains or panic selling, and stay attentive to market trends to control their positions.

Everbright Bank also reminded investors to pay attention to market changes, enhance risk awareness in precious metals trading, control positions reasonably, monitor holdings and margin balances timely, invest rationally, and safeguard their assets.

(Source: Securities Times)

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