Margin and price limits: China futures exchange notices

DCE raises live hog LH2701 margin from 8% to 10% at 27 October 2026 settlement

关于调整生猪期货LH2701合约交易保证金水平的通知

DCE's 23 October 2026 notice raises trading margin for live hog futures LH2701 from 8% to 10%, effective at settlement on 27 October 2026. If other margin-adjustment provisions under DCE's risk management rules also apply, the higher prescribed margin applies.

TimingFrom settlement on 27 October 2026.

CZCE sets PTA, methanol, PX 2612/2701 margin to 9% and price limit to 8% from 26 Oct 2026 settlement

关于调整部分期货合约交易保证金标准和涨跌停板幅度的通知

CZCE set the trading margin to 9% and the daily price limit to 8% for the 2612 and 2701 contracts of PTA, methanol and paraxylene futures. The change applies from settlement on 26 October 2026. Where the margin or price limit required under the exchange rules is higher than these levels, the higher rule-based level still applies.

TimingFrom settlement on 26 October 2026.

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

关于动力煤期货2710合约有关事项的公告

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.

INE SC2612/SC2701 and LU2612/LU2701 margin and price-limit changes

关于调整原油、低硫燃料油期货相关合约涨跌停板幅度和交易保证金比例的通知

INE announced a 16% price limit, 17% hedging margin and 18% general-position margin for crude oil SC2612/SC2701 and low-sulfur fuel oil LU2612/LU2701, from settlement at the close on 12 October 2026. Further adjustments under Article 16 of the risk-control rules remain applicable.

TimingFrom settlement at the close on 12 October 2026.

Also republished by SHFE: SHFE copy

SHFE fuel oil and bitumen margin and price-limit changes from 12 October settlement

关于调整燃料油、石油沥青期货相关合约涨跌停板幅度和交易保证金比例的通知

SHFE announced a 16% price limit, 17% hedging margin and 18% general-position margin for FU2612/FU2701. For BU2610/BU2611/BU2612/BU2701, the rates are 12%, 13% and 14% respectively. The change starts at settlement at the close on 12 October 2026; Article 13 risk-control adjustments remain applicable.

TimingFrom settlement at the close on 12 October 2026.

GFEX raises price limits and margins for 5 futures from 29 Sep 2026 settlement for National Day

关于2026年国庆节假期调整相关期货合约涨跌停板幅度和交易保证金标准的通知

GFEX set holiday price limits and margins for 5 futures from settlement on 29 September 2026: industrial silicon 10% limit, 12% speculative/11% hedging margin; polysilicon 11%, 15%/15%; lithium carbonate 15%, 17%/16%; platinum and palladium 16%, 18%/18%. After trading resumes on 8 October, from settlement on the first trading day the most-held contract has no one-sided limit move without continuous quotes, the first 3 revert to prior levels; platinum and palladium go to 12% limits and 14% margins. Where current levels differ, the larger or higher applies.

TimingHoliday levels apply from settlement on 29 September 2026 (Tuesday). Post-holiday levels apply after trading resumes on 8 October 2026 (Thursday), from settlement on the first trading day on which each product's most-held contract does not show a one-sided limit move without continuous quotes.

GFEX keeps all futures margins and daily price limits unchanged over 2026 Mid-Autumn holiday

关于加强2026年中秋节休市期间风险管理的通知

In notice No. 54 of 2026, dated 21 September 2026, GFEX announced that daily price limits and trading margin requirements for futures contracts in all its products will remain unchanged during the 2026 Mid-Autumn Festival market closure. The exchange asked members to remind clients of risks, strengthen market risk prevention and help keep the market stable.

TimingDuring the 2026 Mid-Autumn Festival market closure; the notice does not state the closure dates.

INE 2026 Mid-Autumn/National Day closures and holiday price-limit and margin changes for SC, LU, EC, BC

关于2026年中秋节、国庆节期间有关工作安排的通知

INE's 2026 Mid-Autumn/National Day schedule: no night session on 24 and 30 Sep, closed 25-27 Sep and 1-7 Oct, and an 08:55-09:00 call auction on 8 Oct with night trading resuming that evening. From 23 Sep closing settlement, SC and LU price limit/hedging/general margin are 16%/17%/18% (SC2610, SC2611, LU2610, LU2611: 18%/19%/20%), and EC is 17%/19%/19% (EC2609, EC2610, EC2612, EC2703 kept at 20%/22%/22%). From 29 Sep settlement, international copper and No. 20 rubber go to 9%/10%/11%, and SC2610, SC2611, LU2610, LU2611 to 20%/21%/22%. After 8 Oct, levels revert from the first day without a one-sided market, except BC2610-BC2702, SC2611, LU2611 and those EC contracts.

TimingNo night session on 24 and 30 September 2026. Market closed 25-27 September and 1-7 October 2026. Call auction 08:55-09:00 on 8 October 2026, with night trading resuming that evening. Price-limit and margin changes take effect from closing settlement on 23 September 2026 and 29 September 2026. After trading on 8 October 2026, most levels revert from closing settlement on the first trading day without a one-sided market.

Also republished by SHFE: SHFE copy

SHFE 2026 Mid-Autumn/National Day holiday: closures, margin and price-limit changes from 23 Sep

关于2026年中秋节、国庆节期间有关工作安排的通知

SHFE set its 2026 Mid-Autumn and National Day arrangements: no night session on 24 and 30 September, closures 25-27 September and 1-7 October, and a 08:55-09:00 call auction on 8 October, with night trading resuming that evening. From closing settlement on 23 September, fuel oil price limits are set to 16% with margins of 17% hedging/18% general (FU2610, FU2611: 18%/19%/20%); bitumen and butadiene rubber are set to 12%/13%/14%. Further product-specific changes apply from 29 September closing settlement. Most contracts revert after 8 October, with listed exceptions.

TimingNo night session on 24 September and 30 September 2026. Closed 25-27 September and 1-7 October 2026. Adjustments apply from closing settlement on 23 September 2026 and on 29 September 2026. Call auction 08:55-09:00 on 8 October 2026 with night trading resuming that evening. After trading on 8 October, most contracts revert from closing settlement on the first trading day without a one-sided market.

DCE holiday price limits to 8-9% and margins to 10-11% from 29 Sep 2026; EG2610/EG2611 from 23 Sep

关于2026年中秋节、国庆节假期调整相关品种期货合约涨跌停板幅度和交易保证金水平的通知

DCE set temporary price limits and trading margins for the 2026 Mid-Autumn and National Day holiday. From 23 September 2026 settlement, EG2610 moves to an 8% limit and 10% margin, and EG2611 to 8% and 9%. From 29 September settlement: iron ore, No.1 and No.2 soybeans, soybean meal and oil, eggs, live hogs, LLDPE, PP and PVC go to an 8% limit and 10% margin; palm oil, ethylene glycol, pure benzene, styrene and LPG go to 9% and 11%; others are unchanged. Pre-holiday levels return after the 8 October reopening, under a stated condition.

TimingFrom settlement on 23 September 2026 (EG2610, EG2611) and from settlement on 29 September 2026 (listed products). Trading resumes on 8 October 2026. Pre-holiday levels return from settlement on the first trading day on which each product's largest-open-interest contract is not limit-locked at a one-sided price limit without continuous quotes.