The trading quotation of account natural gas includes bank buying price and bank selling price. Among them, the bank selling price is the price at which customers buy account natural gas, and the bank buying price is the price at which customers sell account natural gas. At the same time, the bank's selling price for the same variety is higher than the bank's buying price.
Extended data:
At present, ICBC has no maximum quantity or amount limit on the energy (including account crude oil and account natural gas, please refer to the actual introduction of ICBC) of a single customer's trading account.
Affected by regulatory policies, ICBC has set upper and lower limits on the total net transaction amount of all customers who buy and sell account energy in RMB. Total net transaction refers to the net difference between the total amount of electricity purchased by all customers with RMB accounts and the total amount of electricity sold with RMB accounts.
When the net amount reaches the set upper limit (or lower limit), ICBC has the right to restrict all customers from opening new natural gas positions (or selling new positions) in their accounts, but the liquidation of natural gas in existing accounts by customers will not be affected. China Industrial and Commercial Bank has no limit on the total net transaction amount of natural gas in customers' accounts in US dollars.
For example, a customer holds a natural gas account of 3 million British thermal units. When the total net transaction amount of all customers buying and selling account energy in RMB reaches the set upper limit, the customer can no longer open a position to buy RMB account natural gas products, but the customer can sell and liquidate the RMB 3 million account natural gas held by him.
China Industrial and Commercial Bank-China Industrial and Commercial Bank account natural gas business knowledge question and answer