Introduction of petroleum asphalt futures contract;

Trading variety petroleum asphalt

Transaction code BU

Listed Exchange Shanghai Futures Exchange

Trading unit 10 ton/lot

Quotation bits (RMB)/ton

Minimum variable price 2 yuan/ton

The maximum fluctuation range of daily price shall not exceed 3% of the settlement price of the previous trading day.

The delivery month of the contract is less than 24 months, of which the latest 1-6 months is a continuous monthly contract, and the quarterly monthly contract is after 6 months.

Trading hours are 9: 00 am-11:30, 1:30- 3:00 pm and other trading hours stipulated by the exchange.

15 on the last trading day of the contract delivery month (postponed in case of legal holidays)

Delivery date: five consecutive working days after the last trading day.

Delivery method physical delivery

For the delivery of 70-grade A-grade road asphalt, please refer to the Detailed Rules for the Delivery of Petroleum Asphalt Futures of Shanghai Futures Exchange (Trial). 4% of the minimum transaction margin contract amount at the delivery place designated by the exchange.