Price Limit expansion, etc


The Price Limits in Gold and Oil (Gasoline, Kerosene and Crude Oil) are determined based on the largest market price movement within a certain period of time and, in principle, are set at a level where the probability that they will be reached is very low. The Price Limits for Rubber, Precious Metals other than Gold (i.e.: Silver, Platinum and Palladium) and Aluminum will be determined using the same method in and after February 2008. Following the expansion of the Price Limits, the Exceptional Measures for Price Limit* in these five contacts will be abolished on and after February 1, 2008.

*Exceptional Measures for Price Limit: when final contract prices for three or more contract months have reached the price limit in the same direction, the Price Limits for all contract months except the current contract month shall be expanded by 50% from the following business day.