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Standard contract for petroleum asphalt futures of Shanghai Futures Exchange
Trading variety

Oil asphalt

Trading unit

10 ton/hand

Quotation unit

Yuan (RMB)/ton

Minimum variable price

2 yuan/ton

Maximum daily price fluctuation limit

Not more than 3% of the settlement price of the previous trading day.

Contract delivery month

Within 24 months, the latest 1-6 months is a continuous monthly contract, and 6 months later is a quarterly contract.

trading hour

9: 00 am-165438+ 0: 30 am, 65438+0:30-3:00 pm and other trading hours specified by the exchange.

last trading day

Contract delivery month 15 (postponed in case of legal holidays)

delivery date

Five consecutive working days after the last trading day.

Delivery grade

For No.70 Grade A road asphalt, please refer to the Detailed Rules for the Implementation of Petroleum Asphalt Futures Delivery of Shanghai Futures Exchange (Trial).

place of delivery

Designated delivery place of the exchange

Minimum trading margin

4% of the contract value

Mode of delivery

Actual delivery

Event code

foretell

Listed exchange

Shanghai Futures Exchange