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Does China futures crude oil trade enter the substantive operation stage?
On June 2 1, Dalian Port Oil Terminal completed the unloading operation of Singapore-registered oil tanker "Asia Progress 5", and successfully unloaded the first domestic futures crude oil to the delivery warehouse designated by Dalian PetroChina International Storage and Transportation Co., Ltd. After the domestic crude oil futures were officially listed, the first domestic futures crude oil was officially put into storage in Hong Kong, which marked that China futures crude oil trading entered a substantive stage.

At present, China has become the largest crude oil importer and the second largest crude oil consumer in the world. On March 26th this year, China crude oil futures were officially listed and traded in Shanghai International Energy Exchange Center. Crude oil futures is not only the first international futures product in China, but also directly introduces overseas investors to explore the market operation and supervision experience of comprehensive internationalization of the futures market.

It is reported that "Asia Progress No.5" carrying the first batch of China's crude oil futures docked at No.22 berth of Dalian Port Oil Terminal on the afternoon of June 19, and began to unload oil. 2 1 in the early morning, the ship left Dalian port after completing the unloading operation.

Dalian Port, as the designated port for crude oil storage of the first ship's futures, has the largest storage tank group of crude oil, refined oil and liquid chemicals in China, with a storage capacity of nearly 20 million cubic meters. Berth 22 of Dalian Port Oil Terminal, which undertakes the loading and unloading task of "Asia Progress 5", is the only super-large deepwater terminal in China with berthing conditions for 450,000-ton oil tankers. In order to do a good job in the receiving and unloading of futures crude oil, Dalian Port deployed the berthing plan ahead of schedule and successfully completed the receiving and unloading of this batch of futures crude oil.

Source: China News Network