Transaction type

fuel oil

Trading unit

50 tons/hand

Bidder

RMB/ton

minimum price change

1 yuan/ton

Maximum daily price fluctuation limit

Settlement price of the previous trading day ± 5%

Contract Month

January December (except Spring Festival months)

Transaction time

9:00 a.m. - 11:30 p.m. - 3:00 p.m

Last Notice Day

The last trading day of the month before the contract delivery month

Closing Date

Five consecutive working days after the last trading day

Delivery grade

180CST fuel oil (see the annex for specific quality regulations) or other fuel oil whose quality is superior to this standard.

delivery points

Delivery place designated by the Exchange

Minimum transaction margin

8% of contract value

delivery methods

physical settlement

Transaction code

FU

Listed Exchange

Shanghai Futures Exchange