网上营业厅
ONLINE BUSINESS HALL
关于2021年春节期间调整部分品种交易
保证金标准和涨跌停板幅度的通知
郑商函〔2021〕62号
各会员单位：
根据《郑州商品交易所期货交易风险控制管理办法》第九条规定，经研究决定，对2021年春节期间部分品种交易保证金标准和涨跌停板幅度作如下调整：
一、自2021年2月9日结算时起，PTA、短纤和甲醇品种交易保证金标准调整至10%，涨跌停板幅度调整至9%；花生、白糖、棉花、棉纱、菜粕、菜油、苹果、动力煤、硅铁和锰硅品种交易保证金标准调整至9%，涨跌停板幅度调整至8%；普麦、强麦、早籼稻、晚籼稻、粳稻、红枣、纯碱、玻璃和尿素品种交易保证金标准调整至8%，涨跌停板幅度调整至7%。动力煤2103合约交易保证金标准仍为15%。
二、2021年2月18日恢复交易后，自品种持仓量最大的合约未出现涨跌停板单边市的第一个交易日结算时起，上述品种的交易保证金标准和涨跌停板幅度恢复至调整前水平。
按规则规定执行的交易保证金标准和涨跌停板幅度高于上述标准的，仍按原规定执行。
请各会员单位加强资金和持仓风险管理，提醒投资者强化风险意识，加强风险防范。
特此通知。
附件：2021年春节期间交易保证金标准和涨跌停板幅度调
整情况
郑州商品交易所
2021年2月3日
附 件
2021年春节期间交易保证金标准和涨跌停板幅度调整情况
| 品种 |
交易保证金标准 |
涨跌停板幅度 |
||||
| 调整前 |
春节期间 |
春节后 |
调整前 |
春节期间 |
春节后 |
|
| 甲醇 |
7% |
10% |
7% |
6% |
9% |
6% |
| PTA |
6% |
10% |
6% |
5% |
9% |
5% |
| 短纤 |
7% |
10% |
7% |
6% |
9% |
6% |
| 动力煤 |
8% |
9% |
8% |
6% |
8% |
6% |
| 硅铁 |
7% |
9% |
7% |
6% |
8% |
6% |
| 锰硅 |
7% |
9% |
7% |
6% |
8% |
6% |
| 菜油 |
6% |
9% |
6% |
5% |
8% |
5% |
| 菜粕 |
6% |
9% |
6% |
5% |
8% |
5% |
| 白糖 |
7% |
9% |
7% |
6% |
8% |
6% |
| 棉花 |
7% |
9% |
7% |
6% |
8% |
6% |
| 棉纱 |
7% |
9% |
7% |
6% |
8% |
6% |
| 苹果 |
8% |
9% |
8% |
6% |
8% |
6% |
| 花生 |
8% |
9% |
8% |
7% |
8% |
7% |
| 纯碱 |
6% |
8% |
6% |
5% |
7% |
5% |
| 玻璃 |
6% |
8% |
6% |
5% |
7% |
5% |
| 尿素 |
5% |
8% |
5% |
4% |
7% |
4% |
| 红枣 |
7% |
8% |
7% |
5% |
7% |
5% |
| 粳稻 |
6% |
8% |
6% |
5% |
7% |
5% |
| 早籼稻 |
6% |
8% |
6% |
5% |
7% |
5% |
| 晚籼稻 |
6% |
8% |
6% |
5% |
7% |
5% |
| 普麦 |
6% |
8% |
6% |
5% |
7% |
5% |
| 强麦 |
7% |
8% |
7% |
5% |
7% |
5% |
Notice on Adjustments to Margins and Price Limits of ZCE Products During 2021 Spring Festival Holidays
To Members:
According to Article 9 of the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:
From the settlement on February 9, 2021, margins and price limits of PTA, Polyester Fiber and Methanol futures will be adjusted to 10% and ±9% respectively. Margins and price limits of Peanut Kernel, White Sugar, Cotton, Cotton Yarn, Rapeseed Meal, Rapeseed Oil, Apple, Thermal Coal, Ferroalloy and Silicon Manganese futures will be adjusted to 9% and ±8% respectively. Margins and price limits of Wheat PM, Wheat WH, Early Rice, Late Rice, Japonica Rice, Chinese Jujube, Soda Ash, Glass, and Urea futures will be adjusted to 8% and ±7% respectively. The margins of Thermal Coal 2103 Contract shall remain 15%.
Trading will be resumed on February 18, 2021. 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 these futures 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
Products During 2021 Spring Festival Holidays
Zhengzhou Commodity Exchange
February 3, 2021
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.
Attachment
Adjustments of Margins and Price Limits of ZCE Products During 2021 Spring Festival Holidays
| Futures |
Margin |
Price Limit |
||||
| Present |
During the holidays |
After the holidays |
Present |
During the holidays |
After the holidays |
|
| Methanol |
7% |
10% |
7% |
6% |
9% |
6% |
| PTA |
6% |
10% |
6% |
5% |
9% |
5% |
| Polyester Fiber |
7% |
10% |
7% |
6% |
9% |
6% |
| Thermal Coal |
8% |
9% |
8% |
6% |
8% |
6% |
| Ferroalloy |
7% |
9% |
7% |
6% |
8% |
6% |
| Silicon Manganese |
7% |
9% |
7% |
6% |
8% |
6% |
| Rapeseed Oil |
6% |
9% |
6% |
5% |
8% |
5% |
| Rapeseed Meal |
6% |
9% |
6% |
5% |
8% |
5% |
| White Sugar |
7% |
9% |
7% |
6% |
8% |
6% |
| Cotton |
7% |
9% |
7% |
6% |
8% |
6% |
| Cotton Yarn |
7% |
9% |
7% |
6% |
8% |
6% |
| Apple |
8% |
9% |
8% |
6% |
8% |
6% |
| Peanut Kernel |
8% |
9% |
8% |
7% |
8% |
7% |
| Soda Ash |
6% |
8% |
6% |
5% |
7% |
5% |
| Glass |
6% |
8% |
6% |
5% |
7% |
5% |
| Urea |
5% |
8% |
5% |
4% |
7% |
4% |
| Chinese Jujube |
7% |
8% |
7% |
5% |
7% |
5% |
| Japonica Rice |
6% |
8% |
6% |
5% |
7% |
5% |
| Early Rice |
6% |
8% |
6% |
5% |
7% |
5% |
| Late Rice |
6% |
8% |
6% |
5% |
7% |
5% |
| Wheat PM |
6% |
8% |
6% |
5% |
7% |
5% |
| Wheat WH |
7% |
8% |
7% |
5% |
7% |
5% |
