[Zhengzhou Commodity Exchange Adjusts Margin Requirements and Price Limits for Some Futures Contracts] The Zhengzhou Commodity Exchange (ZCE) announced that, effective from the settlement on December 30, 2025, the margin requirement for cotton, rapeseed oil, rapeseed meal, PTA, methanol, staple fiber, paraxylene, and bottle-grade PET futures contracts will be 9%, and the price limit will be 8%. Specifically, the margin requirement for the rapeseed meal futures 2603 contract will be 10%. The margin requirement for the sugar futures contract will be 8%, and the price limit will be 7%. After trading resumes on January 5, 2026, the margin requirements and price limits for the aforementioned futures contracts will revert to their pre-adjustment levels from the settlement of the first trading day after the contract with the largest open interest in each commodity does not experience a one-sided market with price limits. For contracts with margin requirements and price limits higher than the above standards as stipulated by the rules, the relevant regulations will still apply.
