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Why is the price difference between crude oil 2205 and crude oil 2204 so big?
Because the delivery time is different, the price is naturally different.

Crude oil futures 2204 refers to the crude oil standardized contract delivered in April 2022. 205 refers to the delivery in May 2022.

However, the main difference between the two is that the delivery time is different and the price is different. Mainly in line with the trend of the external market, the external market will rise when it rises.

As of March 2, 2022, the main contracts of SC crude oil and low sulfur fuel oil all closed at daily limit. SC 2204, the main contract of SC crude oil, closed at 663.9 yuan/ton, setting a new high since listing, and LU2205, the main contract of low sulfur fuel oil, closed at 4852 yuan/ton, also setting a new high. High-sulfur fuel oil rose by 7.24% to 3,627 yuan/ton, a three-year intraday high.