| Underlying Product |
Fuel Oil |
Trading Unit
|
10 ton/lot |
Quotation Unit
|
Yuan (RMB)/ton |
Tick Size
|
1 Yuan/ton |
Daily Price Limit
|
Within range of 5% above or below the settlement price of the previous trading day |
Contract Months
|
January to December(Except the Spring Festival) |
Trading Hours
|
9:00 am to 11:30 am, 1:30 pm to 3:00 pm |
Last Trading Day
|
The last trading day of the month before the spot month (postponed if legal holidays) |
Delivery Duration
|
Five consecutive business days after the last trading day (postponed if legal holidays) |
Deliverable Grades
|
Fuel oil,180CST or higher standard (refer to the Attachement for detailed quality requirement) |
Delivery Sites
|
SHFE approved warehouses |
Minimum Transaction Margin
|
8% of contract value |
Transaction Fee
|
Equal or below 0.02% of transaction value (risk reserve included) |
Delivery Method
|
Physical Delivery |
Symbol
|
FU |
Listed Bourse
|
SHFE |
