CZCE thermal coal futures (ZC): 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

ContractSpec. marginPrice limitFeeClose-today feePosition limitOpening limit
ZC61150%±20%CNY 150/lotCNY 150/lot40020
ZC61250%±20%CNY 150/lotCNY 150/lot2,00020
ZC70150%±20%CNY 150/lotCNY 150/lot2,00020
ZC70250%±20%CNY 150/lotCNY 150/lot2,00020
ZC70350%±20%CNY 150/lotCNY 150/lot2,00020
ZC70450%±20%CNY 150/lotCNY 150/lot2,00020
ZC70550%±20%CNY 150/lotCNY 150/lot2,00020
ZC70650%±20%CNY 150/lotCNY 150/lot2,00020
ZC70750%±20%CNY 150/lotCNY 150/lot2,00020
ZC70850%±20%CNY 150/lotCNY 150/lot2,00020
ZC70950%±20%CNY 150/lotCNY 150/lot2,00020
ZC71050%±20%CNY 150/lotCNY 150/lot2,00020

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.

  1. Position limit Daily position limit: 1000 lots → Daily position limit: 400 lotsZC611 · Compared with 2026-10-14
  2. Position limit Daily position limit: 200 lots → Daily position limit: 0 lotsZC610 · Compared with 2026-10-13

Notice timeline

Published notices mentioning this product, ordered by the exchange publication date.

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

Get an alert when CZCE changes thermal coal 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.