Medium sulfur crude oil

Trading unit

1000 barrels/hand

Quotation unit

Yuan (RMB)/barrel

(The transaction quotation is the price excluding tax)

Minimum variable price

0. 1 Yuan (RMB)/barrel

Price limit range

Not more than 4% of the settlement price of the previous trading day.

Contract delivery month

The last 1- 12 months is a continuous month, and the next eight months.

trading hour

9: 00 am-165438+ 0: 30 am, 65438+0:30-3:00 pm and other trading hours specified by Shanghai International Energy Trading Center.

last trading day

The last trading day of the first month before the delivery month; Shanghai International Energy Trading Center has the right to adjust the last trading day according to national statutory holidays.

delivery date

Five consecutive trading days after the last trading day.

Delivery quality

Medium sulfur crude oil has a benchmark quality of API 32.0 and a sulfur content of 1.5%. The specific oil types and premium for delivery shall be stipulated separately by Shanghai International Energy Trading Center.

place of delivery

Shanghai international energy trading center appointed delivery warehouse

Minimum trading margin

5% of the contract value

Mode of delivery

Actual delivery

Event code

South Carolina (SC)

Listed institutions

Shanghai International Energy Trading Center