Guangzhou Futures Exchange: Notice on Adjusting the Minimum Opening Order Quantity, Trading Fee Standards, Trading Limits, and Margin Standards for Multi-Crystalline Silicon Futures Contracts

The Shanghai Futures Exchange announces that after research and decision, the minimum opening order quantity per transaction, trading fee standards, trading limits, and margin standards for polysilicon futures-related contracts will be adjusted as follows: Starting from the trading session on April 3, 2026, the minimum order quantity per transaction for polysilicon futures contracts PS2604, PS2605, PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703 will be changed from 10 lots to 5 lots, with the minimum closing order quantity remaining at 1 lot. Starting from the trading session on April 3, 2026, non-futures company members or clients shall not open more than 200 lots per day on the polysilicon futures contracts PS2606, PS2607, PS2608, PS2609, PS2610, PS2611, PS2612, PS2701, PS2702, and PS2703. This daily opening limit refers to the total of buy and sell open positions on a single contract by non-futures company members or clients on that day. The daily open position limit for hedging transactions and market-making transactions is not subject to the above restrictions. Accounts with actual control relationships shall be managed as a single account. Starting from the settlement on April 3, 2026, the margin requirement for polysilicon futures contracts, except PS2604 and PS2605, will be adjusted from 15% to 13%, while the margin requirement for PS2604 and PS2605 contracts will remain at 15%. If there is a discrepancy between the above margin standards and the current margin standards in effect, the higher standard shall apply.