BEIJING, July 15 (Reuters) - The Shanghai International Energy Exchange (INE) will halve trading fees for all hedging transactions on its listed products from July 22, it said in a notice on Monday.

Current rates for hedging transactions on the INE vary from 0.005% to 0.025% for copper, fuel oil, rubber and on its container index. For crude oil futures, the rate is 10 yuan ($1.38) per lot (1,000 barrels), the exchange says.

China's Dalian Commodity Exchange (DCE) also announced that it will halve trading fees for all hedging transactions from Aug. 1.

($1 = 7.2618 Chinese yuan renminbi)

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https://www.reuters.com/markets/commodities/shanghai-ine-dalian-exchange-halve-hedging-fees-2024-07-15/