According to Article 8 of the Risk Control Rules of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:
From the settlement on January 24, 2025, margins and price limits of Paraxylene and Sodium Hydroxide futures will be adjusted to 12% and 10% respectively. Margins and price limits of White Sugar, Cotton, Rapeseed Meal, Rapeseed Oil, Purified Terephthalic Acid, Methanol, Urea, Ferrosilicon, Manganese Silicon, Polyester Staple Fiber and Polyethylene Terephthalate Resin For Bottles futures will be adjusted to 10% and 9% respectively. Margins and price limits of Cotton Yarn futures will be adjusted to 8% and 7% respectively.
Trading will be resumed on February 5, 2025. From the settlement of the first trading day on which limit-locked market does not occur on the contract with the largest open interest of such product, margins and price limits of Polyester Staple Fiber and Polyethylene Terephthalate Resin For Bottles futures will be adjusted to 7% and 6% respectively. Margins and price limits of Flat Glass, Soda Ash and Dried Jujube futures will be adjusted to 10% and 9% respectively. Margins and price limits of other futures contracts will be restored to standards before the adjustments.
In case the above adjusted margins and price limits vary from the current ones, the higher ones will prevail.
All members are required to strengthen capital and position risks management, and to remind clients to improve risk awareness.
