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Notice on Margins and Price Limits Updates of PTA futures and Methanol futures contracts

To member entities:

 

According to Article 10 of the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits for PTA futures and Methanol futures contracts as follows:

 

1. From the settlement on March 25, 2020, margins for contracts 2005, 2006, 2007, 2008, 2009, 2010, 2011 and 2012 of PTA futures will be adjusted to 7%.

 

2. Since the trading begins on March 26, 2020, price limits for contracts 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011 and 2012 of both PTA futures and Methanol futures will be adjusted to ±6%.

 

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.

 

                 

Zhengzhou Commodity Exchange

March 23, 2020

 

Disclaimer: This English version may be used for reference only. If there is any discrepancy between the English version and the Chinese version, the Chinese version shall prevail.

 

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