Notice On Adjustments To Margins And Price Limits Of Zhengzhou Commodity Exchange Products During 2025 Labor Day Holidays

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 April 29, 2025, margins and price limits of Rapeseed Meal, Rapeseed Oil, Apple, Glass, Soda Ash futures will be adjusted to 12% and 10% respectively. In which, margin of AP2505 will be 13%. Margins and price limits of White Sugar, Cotton, Peanut Kernel, Purified Terephthalic Acid, Methanol, Ferrosilicon, Manganese Silicon, Urea, Paraxylene and Sodium Hydroxide futures will be adjusted to 10% and 9% respectively. Margins and price limits of Polyester Staple Fiber and Polyethylene Terephthalate Resin For Bottles futures will be adjusted to 9% and 8% respectively. Margins and price limits of Cotton Yarn will be adjusted to 7% and 6% respectively.

Trading will be resumed on May 6, 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 Soda Ash will be 9% and 8% respectively; margins and price limits of Ferrosilicon will be 8% and 7% 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 one will prevail.

All members are required to strengthen capital and position risks management, and to remind clients to improve risk awareness.

Attachment.Adjustments of Margins and Price Limits of ZCE Pro.doc