Products Specs
Trading Calender
Fees
Rules
Education
Back to Top
Updated on Jun 18,2020
|
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
|
9:00-11:30 a.m., 1:30-3:00 p.m. (Beijing Time), and other trading hours as prescribed by the Exchange
|
|
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
|
|
Grades and Quality Specifications
|
Low sulfur marine fuel oil, refer to Appendix for detailed quality standards
|
|
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
|
沪公网安备 31011502008304号