All related parties,
Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies the trading adjustments as follows:
As from Thursday, March 5, 2026, INE will adjust the price limits and trading margin rates for the contracts listed below when the daily clearing process begins:
The price limits of Crude Oil futures contracts sc2604, sc2605, sc2606, sc2607, sc2608 will be ±17% from the settlement price of the previous trading day, the trading margin rates for hedging will be 18% of the contract value, and the trading margin rates for general positions will be 19% of the contract value.
The price limits of Low Sulfur Fuel Oil futures contracts lu2604, lu2605, lu2606, lu2607, lu2608 will be ±15% from the settlement price of the previous trading day, the trading margin rates for hedging will be 16% of the contract value, and the trading margin rates for general positions will be 17% of the contract value.
As from Friday, March 6, 2026, INE will adjust the price limits and trading margin rates for the contracts listed below when the daily clearing process begins:
The price limits of Crude Oil futures contracts sc2609 sc2610, sc2611, sc2612, sc2701, sc2702, sc2703, sc2706, sc2709, sc2712, sc2803, sc2806, sc2809, sc2812, sc2903 will be ±15% from the settlement price of the previous trading day, the trading margin rates for hedging will be 16% of the contract value, and the trading margin rates for general positions will be 17% of the contract value.
The price limits of Low Sulfur Fuel Oil futures contracts lu2609, lu2610, lu2611, lu2612, lu2701, lu2702, lu2703 will be ±15% from the settlement price of the previous trading day, the trading margin rates for hedging will be 16% of the contract value, and the trading margin rates for general positions will be 17% of the contract value.
In case of the situation stipulated in Article 16 of the Risk Management Rules of the Shanghai International Energy Exchange, the price limits and the trading margin rates will be further adjusted on the basis of the above mentioned parameters.
Please refer to the Risk Management Rules of the Shanghai International Energy Exchange for other provisions concerning the price limits and trading margin rates.
In the event of any inconsistency between the Chinese version and English translation, the Chinese version shall prevail.
Shanghai International Energy Exchange
March 5, 2026