Futures Margin and Price Limit Adjustments Announced for Metals

Starting from the settlement on February 12, 2026, adjustments will be made to the trading margin ratios and price limit ranges for various metal futures contracts. According to Jin10, the price limit for copper, aluminum, zinc, lead, and alumina futures contracts will be adjusted to 13%, with hedged position margin ratios set at 14% and general position margin ratios at 15%. Nickel and tin futures contracts will see their price limits adjusted to 15%, with hedged position margin ratios at 16% and general position margin ratios at 17%. Gold futures contracts will have their price limits adjusted to 20%, with hedged position margin ratios at 21% and general position margin ratios at 22%. Silver futures contracts will have their price limits adjusted to 25%, with hedged position margin ratios at 26% and general position margin ratios at 27%.