郑商所公布春节前后风控措施

Core Viewpoint - The Zhengzhou Commodity Exchange has announced adjustments to margin standards and price fluctuation limits for various futures contracts ahead of the 2026 Spring Festival [1][2]. Group 1: Margin Standards and Price Limits - From February 9, 2026, the margin standard for methanol, paraxylene, PTA, short fiber, and bottle chip futures contracts will be set at 10%, with a price fluctuation limit of 9% [1]. - Starting February 12, 2026, the margin standard for glass, soda ash, apple, and red date futures contracts will be 12%, with a price fluctuation limit of 10% [1]. - For futures contracts of rapeseed oil, rapeseed meal, peanuts, cotton, caustic soda, silicon iron, manganese silicon, urea, and propylene, the margin standard will be 10% and the price fluctuation limit will be 9% [1]. - Sugar and cotton yarn futures contracts will have a margin standard of 8% and a price fluctuation limit of 7% [1]. Group 2: Post-Resumption Trading Adjustments - After trading resumes on February 24, 2026, the price fluctuation limit for methanol futures contract 2603 will be set at 8%, while contracts 2604 and 2605 will have a margin standard of 9% and a price fluctuation limit of 8% [2]. - The price fluctuation limit for paraxylene futures contract 2603 will be 7%, with contracts 2604 and 2605 having a margin standard of 8% and a price fluctuation limit of 7% [2]. - For PTA futures contract 2603, the price fluctuation limit will be 7%, with contracts 2604 and 2605 having a margin standard of 8% and a price fluctuation limit of 7% [2]. - Other futures contracts will revert to their pre-adjustment margin standards and price fluctuation limits [2].