Contract Size

10 tons/lot

Price Quotation

(RMB) Yuan/ton

Minimum Price Fluctuation

2 Yuan/ton

Daily Price Limit

Within 3% up or down of the settlement price of the previous trading day

Contract Series

Monthly contract of the recent 6 consecutive months and consecutive quarterly contracts within the recent 24 months

Trading Hours

9:00am to 11:30am, 1:30pm to 3:00pm (the Beijing Time) and other trading hours as prescribed by the SHFE

Last Trading Day

The 15th day of the spot month (If it is a public holiday, the Last Trading Day shall be the 1st business day after the holiday)

Delivery Period

The 5 consecutive business days after the last trading day

Grade and Quality Specifications

70# Class-A road bitumen, more details on quality specifications to be found in the Bitumen Futures Delivery Rules of the Shanghai Futures Exchange (Trial)

Delivery Venue

Certified Delivery Warehouse of the SHFE

Minimum Trade Margin

4% of contract value

Settlement Type

Physical Delivery

Contract Symbol

BU