The revised SHFE Bitumen Futures Contract Specifications and Bitumen Futures Delivery Rules of the Shanghai Futures Exchange (Trial) have been approved by the Board of Directors of the Shanghai Futures Exchange (SHFE) and reported to the China Securities Regulatory Commission, and are hereby released.

The revised SHFE Bitumen Futures Contract Specifications will take effect as of March 16, 2022 (i.e., during the night trading session on March 15, 2022). With this update, the minimum price fluctuation of bitumen futures contracts will be lowered to 1 yuan/metric ton, and contracts BU2210, BU2211, BU2301, and BU2302 will be newly listed.

Changes to the Bitumen Futures Delivery Rules of the Shanghai Futures Exchange (Trial) regarding factory delivery will take effect on the day the revised rules are released.

Please visit the official website of SHFE for the Chinese versions of the above rules. In the event of any inconsistency between the Chinese version and English version, the Chinese version shall prevail.

Attachments:
1. Comparative Table
2. SHFE Bitumen Futures Contract Specifications (Revised)
3. Bitumen Futures Delivery Rules of the Shanghai Futures Exchange (Trial) (Revised)

Shanghai Futures Exchange
November 9, 2021