[ZCE] Announcement on Matters Concerning the Introduction of Overseas Traders in Paraxylene Bottle-grade PET Resin Polyester Staple Fiber Futures and Options PTA Options
The China Securities Regulatory Commission (CSRC) has approved the introduction of overseas traders in Paraxylene, Bottle-grade PET Resin, Polyester Staple Fiber Futures and Options, PTA Options of Zhengzhou Commodity Exchange (ZCE). The related matters are hereby notified as follows.
Ⅰ. Time for Implementation
From 9:00 a.m., May 22, 2026 (GMT+8)
Ⅱ. Trading Contracts
Contract PX2606, PR2606, PF2606 and subsequent contracts, and options on PX2607, PR2607, PF2607, TA2607 and subsequent futures contracts.
Ⅲ. Use of Foreign Currency Funds as Margin
Overseas traders may use foreign currency funds as margin. Currently, the only foreign currency permitted by ZCE for margin is the US dollar (USD). The market value of such USD funds is calculated using the RMB central parity rate published by the China Foreign Exchange Trade System (CFETS) on the current day as the benchmark price, with a haircut of 5%.
Before the market closes on any trading day, the market value of the foreign currency funds is calculated using the previous trading day's RMB central parity rate announced by CFETS. At the daily settlement, the market value is recalculated using the RMB central parity rate published by CFETS on the same trading day, and the discounted amount is adjusted accordingly.
All relevant entities are requested to make full preparations for the launch of the Overseas Traders Participation Program for PX, Bottle-grade PET Resin, Polyester Staple Fiber Futures and Options, and PTA Options, strengthen risk management, and ensure stable market operations.
Zhengzhou Commodity Exchange
May 14, 2026
For more details, please refer to the links: