CZCE common wheat futures (PM): margin, price limit and fees
End-of-day open interest is not yet verified. Contract-level parameters are listed below.
Official CZCE parameters for trading day 26 Oct 2026 · CZCE source ↗
By contract
| Contract | Spec. margin | Price limit | Fee | Close-today fee | Position limit |
|---|---|---|---|---|---|
| PM611 | 15% | ±14% | CNY 30/lot | CNY 30/lot | 600 |
| PM701 | 15% | ±14% | CNY 30/lot | CNY 30/lot | 2,000 |
| PM703 | 15% | ±14% | CNY 30/lot | CNY 30/lot | 2,000 |
| PM705 | 15% | ±14% | CNY 30/lot | CNY 30/lot | 2,000 |
| PM707 | 15% | ±14% | CNY 30/lot | CNY 30/lot | 2,000 |
| PM709 | 15% | ±14% | CNY 30/lot | CNY 30/lot | 2,000 |
Fees as a share of turnover unless shown per lot. Position and opening limits in lots per contract. A contract near or in its delivery month can carry a higher margin, and the exchange may list no price limit for it.
Parameter history
Parameter values compared by trading day; dates are not notice effective times.
- Position limit Daily position limit: 2000 lots → Daily position limit: 600 lotsPM611 · Compared with 2026-10-14
Notice timeline
Published notices mentioning this product, ordered by the exchange publication date.
No matching notices in the published archive.
Get an alert when CZCE changes common wheat margins or limits: CEC Pro.
Sources
Values are copied from the Zhengzhou Commodity Exchange's official daily trading and settlement parameters for 26 Oct 2026, with no adjustment. Hours: Futures Clock · Holidays: Markets Open Today. The exchange's own publication prevails.