|
Product |
Fuel Oil |
|
Contract Size |
10 metric tons/lot |
|
Price Quotation |
RMB yuan/metric ton (exclusive of tax) |
|
Minimum Price Fluctuation |
1 yuan/metric ton |
|
Daily Price Limit |
Within 5% of the settlement price of the preceding trading day |
|
Listed Contracts |
Monthly contract of the most recent 12 months from January to December |
|
Trading Hours |
9:00 a.m. to 11:30 a.m. 1:30 p.m. to 3:00 p.m.and other hours specified by the Exchange (Beijing Time) |
|
Last Trading Day |
The last trading day of the month prior to the contract month. The last trading day may be adjusted by the Exchange in view of legal holidays in China. |
|
Delivery Period |
Three consecutive business days after the last trading day |
|
Grade and Quality Specifications |
Marine fuel oil |
|
Delivery Venue |
Delivery Storage Facilities designated by the Shanghai Futures Exchange |
|
Minimum Trade Margin |
8% of contract value |
|
Settlement Type |
Physical delivery |
|
Minimum Warranted Delivery Size |
10 metric tons |
|
Contract Symbol |
FU |
|
Listing Exchange |
SHFE |
