Settlement Parameter for April，2021

Updated on Mar 30,2021


SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:ag
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰
ag2104	15	0.05	20	0.05
ag2105	12	0.05	12	0.05	12	0.05
ag2106	12	0.05	12	0.05	12	0.05
ag2107	12	0.01	12	0.01	12	0.01
ag2108	12	0.01	12	0.01	12	0.01
ag2109	12	0.01	12	0.01	12	0.01
ag2110	12	0.01	12	0.01	12	0.01
ag2111	12	0.01	12	0.01	12	0.01
ag2112	12	0.05	12	0.05	12	0.05
ag2201	12	0.01	12	0.01	12	0.01
ag2202	12	0.01	12	0.01	12	0.01
ag2203	12	0.01	12	0.01	12	0.01
ag2204					12	*0.01*
Note	April 1st is the first trading day of the delivery month for contract ag2104.		April 13th is the second trading day prior to the last trading day for contract ag2104.		April 16th is the date of listing for contract ag2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:al
contract date	31st, Mar.(Wed.)		1st, Apr.(Thur.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	RMB per lot	%	RMB per lot	%	RMB per lot	%	RMB per lot
al2104	15	3	15	3	20	3
al2105	10	3	10	3	10	3	10	3
al2106	8	3	9	3	9	3	9	3
al2107	8	3	9	3	9	3	9	3
al2108	8	3	9	3	9	3	9	3
al2109	8	3	9	3	9	3	9	3
al2110	8	3	9	3	9	3	9	3
al2111	8	3	9	3	9	3	9	3
al2112	8	3	9	3	9	3	9	3
al2201	8	3	9	3	9	3	9	3
al2202	8	3	9	3	9	3	9	3
al2203	8	3	9	3	9	3	9	3
al2204							9	3
Note	April 1st is the first trading day of the delivery month for contract al2104. April 1st is the first trading day of the month prior to the delivery month for contract al2105.				April 13th is the second trading day prior to the last trading day for contract al2104.		April 16th is the date of listing for contract al2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:au
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	RMB per lot	%	RMB per lot	%	RMB per lot
au2104	15	10	20	10
au2105	10	2	10	2	10	2
au2106	8	10	8	10	8	10
au2107					8	2
au2108	8	2	8	2	8	2
au2110	8	2	8	2	8	2
au2112	8	10	8	10	8	10
au2202	8	2	8	2	8	2
au2204	8	2	8	2	8	2
Note	April 1st is the first trading day of the delivery month for contract au2104. April 1st is the first trading day of the month prior to the delivery month for contract au2105.		April 13th is the second trading day prior to the last trading day for contract au2104.		April 16th is the date of listing for contract au2107.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:bu
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰
bu2104	15	0.1	20	0.1
bu2105	10	0.1	10	0.1	10	0.1
bu2106	10	0.1	10	0.1	10	0.1
bu2107	10	0.1	10	0.1	10	0.1
bu2108	10	0.1	10	0.1	10	0.1
bu2109	10	0.1	10	0.1	10	0.1
bu2110					10	*0.1*
bu2112	10	0.1	10	0.1	10	0.1
bu2203	10	0.1	10	0.1	10	0.1
bu2206	10	0.1	10	0.1	10	0.1
bu2209	10	0.1	10	0.1	10	0.1
bu2212	10	0.1	10	0.1	10	0.1
bu2303	10	0.1	10	0.1	10	0.1
Note	April 1st is the first trading day of the delivery month for contract bu2104.		April 13th is the second trading day prior to the last trading day for contract bu2104.		April 16th is the date of listing for contract bu2110.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:cu
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰
cu2104	15	0.05	20	0.05
cu2105	10	0.05	10	0.05	10	0.05
cu2106	9	0.05	9	0.05	9	0.05
cu2107	9	0.05	9	0.05	9	0.05
cu2108	9	0.05	9	0.05	9	0.05
cu2109	9	0.05	9	0.05	9	0.05
cu2110	9	0.05	9	0.05	9	0.05
cu2111	9	0.05	9	0.05	9	0.05
cu2112	9	0.05	9	0.05	9	0.05
cu2201	9	0.05	9	0.05	9	0.05
cu2202	9	0.05	9	0.05	9	0.05
cu2203	9	0.05	9	0.05	9	0.05
cu2204					9	*0.05*
Note	April 1st is the first trading day of the delivery month for contract cu2104. April 1st is the first trading day of the month prior to the delivery month for contract cu2105.		April 13th is the second trading day prior to the last trading day for contract cu2104.		April 16th is the date of listing for contract cu2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:fu
contract date	1st, Apr.(Thur.)		14th, Apr.(Wed.)		15th, Apr.(Thur.)		27th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰	%	‰
fu2105	10	0.05	15	0.05	15	0.05	20	0.05
fu2106	10	0.01	10	0.01	10	*0.05*	10	0.05
fu2107	10	0.01	10	0.01	10	0.01	10	0.01
fu2108	10	0.01	10	0.01	10	0.01	10	0.01
fu2109	10	0.05	10	0.05	10	0.05	10	0.05
fu2110	10	0.01	10	0.01	10	0.01	10	0.01
fu2111	10	0.01	10	0.01	10	0.01	10	0.01
fu2112	10	0.01	10	0.01	10	0.01	10	0.01
fu2201	10	0.05	10	0.05	10	0.05	10	0.05
fu2202	10	0.01	10	0.01	10	0.01	10	0.01
fu2203	10	0.01	10	0.01	10	0.01	10	0.01
fu2204	10	*0.01*	10	0.01	10	0.01	10	0.01
Note	April 1st is the date of listing for contract fu2204.		April 15th is the tenth trading day of the month prior to the delivery month for contract fu2105.		April 15th is the tenth trading day of the second month prior to the delivery month for contract fu2106.		April 28th is the the second trading day prior to the last trading day for contract fu2105.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:hc
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰
hc2104	15	0.1	20	0.1
hc2105	10	0.1	10	0.1	10	0.1
hc2106	8	0.1	8	0.1	8	0.1
hc2107	8	0.1	8	0.1	8	0.1
hc2108	8	0.1	8	0.1	8	0.1
hc2109	8	0.1	8	0.1	8	0.1
hc2110	8	0.1	8	0.1	8	0.1
hc2111	8	0.1	8	0.1	8	0.1
hc2112	8	0.1	8	0.1	8	0.1
hc2201	8	0.1	8	0.1	8	0.1
hc2202	8	0.1	8	0.1	8	0.1
hc2203	8	0.1	8	0.1	8	0.1
hc2204					8	*0.1*
Note	April 1st is the first trading day of the delivery month for contract hc2104. April 1st is the first trading day of the month prior to the delivery month for contract hc2105.		April 13th is the second trading day prior to the last trading day for contract hc2104.		April 16th is the date of listing for contract hc2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE

Settlement Parameter for April，2021

Product:ni
contract date	31st, Mar.(Wed.)		1th, Apr.(Thur.)		12th, Apr.(Mon.)		15th, Apr.(Thur.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	RMB per lot	%	RMB per lot	%	RMB per lot	%	RMB per lot	%	RMB per lot
ni2104	15	6	15	6	20	6
ni2105	10	6	10	6	10	6	10	6	10	3
ni2106	8	1	9	1	9	1	8	6	9	3
ni2107	8	1	9	1	9	1	8	1	9	3
ni2108	8	1	9	1	9	1	8	1	9	3
ni2109	8	6	9	6	9	6	8	6	9	3
ni2110	8	1	9	1	9	1	8	1	9	3
ni2111	8	1	9	1	9	1	8	1	9	3
ni2112	8	1	9	1	9	1	8	1	9	3
ni2201	8	6	9	6	9	6	8	6	9	3
ni2202	8	1	9	1	9	1	8	1	9	3
ni2203	8	1	9	1	9	1	8	1	9	3
ni2204									9	3
Note	April 1st is the first trading day of the delivery month for contract ni2104.February 1st is the first trading day of the month prior to the delivery month for contract ni2105.				April 13th is the second trading day prior to the last trading day for contract ni2104.		April 15th is the tenth trading day of the second month prior to the delivery month for contract ni2106.		April 16th is the date of listing for contract ni2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:pb
contract date	31st, Mar.(Wed.)		1th, Apr.(Thur.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰	%	‰
pb2104	15	0.04	15	0.04	20	0.04
pb2105	10	0.04	10	0.04	10	0.04	10	0.04
pb2106	8	0.04	9	0.04	9	0.04	9	0.04
pb2107	8	0.04	9	0.04	9	0.04	9	0.04
pb2108	8	0.04	9	0.04	9	0.04	9	0.04
pb2109	8	0.04	9	0.04	9	0.04	9	0.04
pb2110	8	0.04	9	0.04	9	0.04	9	0.04
pb2111	8	0.04	9	0.04	9	0.04	9	0.04
pb2112	8	0.04	9	0.04	9	0.04	9	0.04
pb2201	8	0.04	9	0.04	9	0.04	9	0.04
pb2202	8	0.04	9	0.04	9	0.04	9	0.04
pb2203	8	0.04	9	0.04	9	0.04	9	0.04
pb2204							9	*0.04*
Note	April 1st is the first trading day of the delivery month for contract pb2104. April 1st is the first trading day of the month prior to the delivery month for contract pb2105.				April 13th is the second trading day prior to the last trading day for contract pb2104.		April 16th is the date of listing for contract pb2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:rb
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰
rb2104	15	0.1	20	0.1
rb2105	10	0.1	10	0.1	10	0.1
rb2106	8	0.1	8	0.1	8	0.1
rb2107	8	0.1	8	0.1	8	0.1
rb2108	8	0.1	8	0.1	8	0.1
rb2109	8	0.1	8	0.1	8	0.1
rb2110	8	0.1	8	0.1	8	0.1
rb2111	8	0.1	8	0.1	8	0.1
rb2112	8	0.1	8	0.1	8	0.1
rb2201	8	0.1	8	0.1	8	0.1
rb2202	8	0.1	8	0.1	8	0.1
rb2203	8	0.1	8	0.1	8	0.1
rb2204					8	*0.1*
Note	April 1st is the first trading day of the delivery month for contract rb2104. April 1st is the first trading day of the month prior to the delivery month for contract rb2105.		April 13th is the second trading day prior to the last trading day for contract rb2104.		April 16th is the date of listing for contract rb2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:ru
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	RMB per lot	%	RMB per lot	%	RMB per lot
ru2104	15	3	20	3
ru2105	10	3	10	3	10	3
ru2106	10	3	10	3	10	3
ru2107	10	3	10	3	10	3
ru2108	10	3	10	3	10	3
ru2109	10	3	10	3	10	3
ru2110	10	3	10	3	10	3
ru2111	10	3	10	3	10	3
ru2201	10	3	10	3	10	3
ru2203	10	3	10	3	10	3
ru2204					10	3
Note	April 1st is the first trading day of the delivery month for contract ru2104.		April 13th is the second trading day prior to the last trading day for contract ru2104.		April 16th is the date of listing for contract ru2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:sn
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	RMB per lot	%	RMB per lot	%	RMB per lot
sn2104	15	3	20	3
sn2105	10	3	10	3	10	3
sn2106	9	3	9	3	9	3
sn2107	9	3	9	3	9	3
sn2108	9	3	9	3	9	3
sn2109	9	3	9	3	9	3
sn2110	9	3	9	3	9	3
sn2111	9	3	9	3	9	3
sn2112	9	3	9	3	9	3
sn2201	9	3	9	3	9	3
sn2202	9	3	9	3	9	3
sn2203	9	3	9	3	9	3
sn2204					9	3
Note	April 1st is the first trading day of the delivery month for contract sn2104. April 1st is the first trading day of the month prior to the delivery month for contract sn2105.		April 13th is the second trading day prior to the last trading day for contract sn2104.		April 16th is the date of listing for contract sn2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:sp
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰
sp2104	15	0.05	20	0.05
sp2105	10	0.05	10	0.05	10	0.05
sp2106	8	0.05	8	0.05	8	0.05
sp2107	8	0.05	8	0.05	8	0.05
sp2108	8	0.05	8	0.05	8	0.05
sp2109	8	0.05	8	0.05	8	0.05
sp2110	8	0.05	8	0.05	8	0.05
sp2111	8	0.05	8	0.05	8	0.05
sp2112	8	0.05	8	0.05	8	0.05
sp2201	8	0.05	8	0.05	8	0.05
sp2202	8	0.05	8	0.05	8	0.05
sp2203	8	0.05	8	0.05	8	0.05
sp2204					8	*0.05*
Note	April 1st is the first trading day of the delivery month for contract sp2104. April 1st is the first trading day of the month prior to the delivery month for contract sp2105.		April 13th is the second trading day prior to the last trading day for contract sp2104.		April 16th is the date of listing for contract sp2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:ss
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	RMB per lot	%	RMB per lot	%	RMB per lot
ss2104	15	2	20	2
ss2105	10	2	10	2	10	2
ss2106	8	2	8	2	8	2
ss2107	8	2	8	2	8	2
ss2108	8	2	8	2	8	2
ss2109	8	2	8	2	8	2
ss2110	8	2	8	2	8	2
ss2111	8	2	8	2	8	2
ss2112	8	2	8	2	8	2
ss2201	8	2	8	2	8	2
ss2202	8	2	8	2	8	2
ss2203	8	2	8	2	8	2
ss2204					8	2
Note	April 1st is the first trading day of the delivery month for contract ss2104. April 1st is the first trading day of the month prior to the delivery month for contract ss2105.		April 13th is the second trading day prior to the last trading day for contract ss2104.		April 16th is the date of listing for contract ss2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:wr
contract date	31st, Mar.(Wed.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	‰	%	‰	%	‰
wr2104	15	0.04	20	0.04
wr2105	10	0.04	10	0.04	10	0.04
wr2106	8	0.04	8	0.04	8	0.04
wr2107	8	0.04	8	0.04	8	0.04
wr2108	8	0.04	8	0.04	8	0.04
wr2109	8	0.04	8	0.04	8	0.04
wr2110	8	0.04	8	0.04	8	0.04
wr2111	8	0.04	8	0.04	8	0.04
wr2112	8	0.04	8	0.04	8	0.04
wr2201	8	0.04	8	0.04	8	0.04
wr2202	8	0.04	8	0.04	8	0.04
wr2203	8	0.04	8	0.04	8	0.04
wr2204					8	*0.04*
Note	April 1st is the first trading day of the delivery month for contract wr2104. April 1st is the first trading day of the month prior to the delivery month for contract wr2105.		April 13th is the second trading day prior to the last trading day for contract wr2104.		April 16th is the date of listing for contract wr2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.



SHFE
SHFE
Settlement Parameter for April，2021
Settlement Parameter for April，2021
Product:zn
contract date	31st, Mar.(Wed.)		1st, Apr.(Thur.)		12th, Apr.(Mon.)		16th, Apr.(Fri.)
	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee	Margin Rate	Transaction Fee
	%	RMB per lot	%	RMB per lot	%	RMB per lot	%	RMB per lot
zn2104	15	3	15	3	20	3
zn2105	10	3	10	3	10	3	10	3
zn2106	8	3	9	3	9	3	9	3
zn2107	8	3	9	3	9	3	9	3
zn2108	8	3	9	3	9	3	9	3
zn2109	8	3	9	3	9	3	9	3
zn2110	8	3	9	3	9	3	9	3
zn2111	8	3	9	3	9	3	9	3
zn2112	8	3	9	3	9	3	9	3
zn2201	8	3	9	3	9	3	9	3
zn2202	8	3	9	3	9	3	9	3
zn2203	8	3	9	3	9	3	9	3
zn2204							9	3
Note	April 1st is the first trading day of the delivery month for contract zn2104. April 1st is the first trading day of the month prior to the delivery month for contract zn2105.				April 13th is the second trading day prior to the last trading day for contract zn2104.		April 16th is the date of listing for contract zn2204.

The inclined numbers in blue with grey bottom are the adjusted settlement parameters.