Updated on Dec 02,2013
Parameters | Value | Regulatory Documents |
---|---|---|
Up/down limits for normal month contracts | 4% | Notice on Relevant Issues on Listing of Bitumen Futures Dated Sept.23rd, 2013, Ref. SQBF (2013) No.129 |
Transaction fees |
0.03‰ of the turnover |
Notice on Relevant Issues on Listing of Bitumen Futures Dated Sept.23rd, 2013, Ref. SQBF (2013) No.129 |
Margin | 6% | Notice on Relevant Issues on Listing of Bitumen Futures Dated Sept.23rd, 2013, Ref. SQBF (2013) No.129 |
Delivery fees | Storage fee: RMB1.5 yuan/ton per day (certified delivery warehouses), and RMB1.2 yuan/ton per day(certified bitumen factory warehouses); Load-in fee : RMB40 yuan/ton; Load-out fee: RMB 0 yuan/ton. | Notice on Relevant Issues on Delivery of Bitumen Futures Dated Sept.23rd, 2013, Ref. SQBF (2013) No.127 |
Other fees such as port dues, port construction fee and handling charges will be imposed on the consignee as per the prevailing fee scale at the time of load-in or load-out. | ||
Warrant printing fee: RMB100 yuan/pc | ||
Delivery fee: RMB1 yuan/ton for both parties | subject to Bitumen Futures Delivery Rules of Shanghai Futures Exchange (Trial), ref. SHFE Proclamation (2013)No.14 |