According to Article 9 of the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange and Article 27 of Measures for the Administration of Futures Clearing of Zhengzhou Commodity Exchange, ZhengzhouCommodity Exchange (ZCE) has decided upon discussion that margins, price limits and transaction fees for some futures contracts will be adjusted as follows:
From the settlement on July 19, 2023, margins and price limits for Rapeseed Meal Futures 2309 Contract will be adjusted to 12% and ±10% respectively. Margins and price limits for Urea Futures 2309 Contract will be adjusted to 10% and ±8% respectively.
From the night trading session of July 19, 2023, transaction fee for Methanol Futures Contracts will be adjusted to 1‱ of the trading turnover, intra-day transaction fee for Methanol Futures Contracts will be adjusted to 1‱ of the trading turnover.
In case the above adjusted margins and price limits vary from the current ones, the higher ones will prevail.
