According to Article 9 of the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE)has decided upon discussion that margins and price limits for some futures contractswill be adjusted as follows:
From the settlement on May 30, 2023, margin for White Sugar Futures 2309 Contract will be adjusted to 12%, margin and price limit for White Sugar Futures 2311 Contract will be adjusted to 10% and ±8% respectively; margins and price limits for Flat Glass 2309 and 2401 Contracts will be adjusted to 12% and ±9% respectively; margins and price limits for Soda Ash 2309 and 2401 Contracts will be adjusted to 12% and ±9% respectively.
From the settlement on June 6, 2023, margins for White Sugar Futures 2309 and 2311 Contracts will be adjusted to 15%.
In case the above adjusted margins and price limits vary from the current ones, the higher ones will prevail.