# CZCE thermal coal 2710: 50% margin, 10% price limit and 20-lot opening cap

The official Chinese text prevails.

## English summary

CZCE specified a 50% trading margin and 10% price limit for thermal coal futures contract 2710, with any higher requirements under its rules still applicable. Non-futures-firm members or clients are limited to 20 lots of new positions per day in the contract; openings for hedging and market making are exempt. Accounts under actual control are aggregated as one client.

Timing stated in this notice: Not established by this summary. Consult the official Chinese notice.

Scope: CZCE thermal coal futures contract 2710; the opening cap covers the sum of buy and sell openings in that contract.

Limitations: No separate effective date is stated. The notice also describes penalties for exceeding the cap; consult the full Chinese body. These are announced terms, not a present-day margin quote.

Topics: [Margin and price limits](https://chinaexchangecirculars.com/topics/margin-price-limits/), [Trading limits](https://chinaexchangecirculars.com/topics/trading-limits/)

## Evidence excerpts

> 交易保证金标准为50%，涨跌停板幅度为10%

> 单日开仓交易的最大数量为20手

> 套期保值交易和做市交易的开仓数量不受交易限额限制

## Source and dates

Original Chinese title: 关于动力煤期货2710合约有关事项的公告

Official publication date: 2026-10-13

[Official Chinese source](http://www.czce.com.cn/cn/gyjys/jysdt/ggytz/webinfo/2026/10/6326263060a1430a8cf6e4d2427b80b3.htm)

[CEC HTML](https://chinaexchangecirculars.com/notices/czce-859aa347f8e64e652723/) · [Canonical notice](https://chinaexchangecirculars.com/notices/czce-859aa347f8e64e652723/)

## Chinese original

```text
〔2026〕155号 经研究决定，现将动力煤期货2710合约有关事项公告如下：一、交易保证金标准和涨跌停板幅度交易保证金标准为50%，涨跌停板幅度为10%。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，仍按相关规定执行。二、交易限额非期货公司会员或者客户单日开仓交易的最大数量为20手。单日开仓交易数量是指非期货公司会员或者客户当日在单个期货合约上的买开仓数量与卖开仓数量之和。实际控制关系账户组单日开仓交易的最大数量按照单个客户执行。套期保值交易和做市交易的开仓数量不受交易限额限制。对于第一次超过交易限额的非期货公司会员或者客户，郑州商品交易所将采取暂停开仓不低于5个交易日的监管措施，累计两次超过交易限额的，将采取暂停开仓不低于1个月的监管措施。情节严重的，按照《郑州商品交易所违规处理办法》有关规定处理。上述事项与动力煤期货当前挂牌合约保持一致。特此公告。 郑州商品交易所2026年10月13日
```

Independently compiled for information only, not investment advice. Official Chinese notices and your broker’s applicable terms prevail.