CZCE ferrosilicon futures (SF): 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 |
|---|---|---|---|---|---|
| SF611 | 10% | ±6% | CNY 2/lot | CNY 0/lot | 2,000 |
| SF612 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF701 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF702 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF703 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF704 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF705 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF706 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF707 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF708 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF709 | 7% | ±6% | CNY 2/lot | CNY 0/lot | 10,000 |
| SF710 | 7% | ±12% | CNY 2/lot | CNY 0/lot | 10,000 |
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: 1000 lots → Daily position limit: 0 lotsSF610 · Compared with 2026-10-20
- Speculative margin 7% → 10%SF611 · Compared with 2026-10-14
- Position limit Daily position limit: 10000 lots → Daily position limit: 2000 lotsSF611 · Compared with 2026-10-14
Notice timeline
Published notices mentioning this product, ordered by the exchange publication date.
Get an alert when CZCE changes ferrosilicon 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.