The Bleached Softwood Kraft Pulp Factory Delivery Rules of the Shanghai Futures Exchange (Trail) and the Standard Warrant Rules of the Shanghai Futures Exchange (Revised) have been accepted by the Board of Directors of the Shanghai Futures Exchange and reported to the China Securities Regulatory Commission. These two rules are hereby released and shall come into force as of the date of September 1, 2020.

Please visit the official English website of SHFE for the English version. If there is any discrepancy between the English and Chinese version, the Chinese version shall prevail.

Attachments:
1. Bleached Softwood Kraft Pulp Factory Delivery Rules of the Shanghai Futures Exchange (Trail)
2. Changes to the Standard Warrant Rules of the Shanghai Futures Exchange
3. Standard Warrant Rules of the Shanghai Futures Exchange (Revised)

Shanghai Futures Exchange
August 28, 2020