Shanghai International Energy Exchange, the subsidiary of Shanghai Futures Exchange has released its circular on price limit update for crude oil futures contracts SC1812 and SC1901 on November 22, 2018 as follows:
1. The price limit for SC1812 will be updated from ±5% to ±10% since November 28, 2018(i.e. the continuous trading session on the night of November 27).
2. The price limit for SC1901 will be updated from ±5% to ±8% since December 3, 2018(i.e. the continuous trading session on the night of November 30).
3. The price limit for SC1901 will be updated from ±8% to ±10% since the second trading day prior to the last trading day (i.e. the continuous trading session of the second trading day prior to the last trading day).
Shanghai Futures Exchange
November 22, 2018