Fuel Oil

Jun 21, 2017

Fuel Oil

Product

Fuel Oil

Contract Size

50 ton/lot

Price Quotation

Yuan (RMB)/ton

Minimum Price Fluctuation

1 Yuan/ton

Daily Price Limit

Within 5% above or below the settlement price of the previous trading day

Contract Series

Monthly contract of recent 12 months from January to December (excluding the Spring Festival)

Trading Hours

9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m. (the Beijing Time)

Last Trading Day

The last trading day of the month prior to the delivery month

Delivery Period

Five consecutive business days after the last trading day

Grade and Quality

Specifications

Fuel oil,180CST or higher standard (refer to the Attachment for detailed quality requirement)

Delivery Venue

SHFE Certified Delivery Warehouse

Minimum Trade Margin

8% of contract value

Settlement Type

Physical Delivery

Contract Symbol

FU


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