简体中文
  • HOME
  • ABOUT CN FIRST
  • CONTRACT
  • DOWNLOAD
  • CONTACT US
INE News - “Low Sulfur Fuel Oil Futures” is coming out soon!

Dear Client(s),

Low Sulfur Fuel Oil Futures is coming out soon!

Please note that INE New product - Fuel Oil Futures Contract will be officially listed for trading on June 22, 2020. Below is the contract specifications of the new product for your information.

Product

Low-Sulfur Fuel Oil

Contract Size

10 metric tons/lot

Price Quotation

(RMB) Yuan/metric ton
(no tax or duty included in the quotation)

Minimum Price Fluctuation

1 Yuan/metric ton

Daily Price Limits

5% from the settlement price of the previous trading day

Delivery Months

January, February, March, April, May, June, July, August, September, October, November, and December

Trading Hours

Monday to Friday(Beijing time):
Day Session: 09:00-10:15,10:30-11:30 & 13:30-15:00
Night Session(Continuous trading hours): 21:00-23:00
*There is no continuous trading session on the last working day (excluding weekends) preceding national holidays.

Last Trading Day

The last trading day of the month prior to the delivery month (postponed accordingly if it is a national holiday or weekend; the Shanghai International Energy Exchange is entitled to adjust the last trading day in accordance with the national holidays or weekends.)

Delivery Period

Five (5) consecutive trading days after the last trading day

Delivery Venues

Delivery Storage Facilities designated by the Shanghai International Energy Exchange

Minimum Trading Margin

8% of contract value

Settlement Type

Physical delivery

Product Symbol

LU

Listing Exchange

Shanghai International Energy Exchange

***Source of Information: Shanghai International Energy Exchange (INE)


If you have any further queries, please do not hesitate to contact us: internationalaccess@cnfirst.com.hk

___________

Disclaimer: This report is a translated version. The content of this report is solely for the purpose of providing information, and is only used for general reference purposes, not to induce investment and other behaviors. The contents of this report have replaced the published information and may be selected by third-party suppliers or other reference materials or sources. Although we believe the reliability of the information in the report, we do not guarantee the accuracy and precision of this information. If the original text is quoted and published, the source must be “CN First International Futures Limited” and all rights of investigation shall be reserved.

2020/06/17
CN First International Futures Limited