[INE] Notice on Adjusting the Price Limits and Trading Margin Rates of Certain Crude Oil and Low Sulfur Fuel Oil Futures Contracts

All related parties,

Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies the trading adjustments as follows:

As from Thursday, June 25, 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 SC2608, SC2609, SC2610, SC2611, SC2612, SC2701, SC2702, SC2703, SC2704, SC2705, SC2706, SC2709, SC2712, SC2803, SC2806, SC2809, SC2812, SC2903, SC2906 and subsequently listed contracts will be ±14% from the settlement price of the previous trading day, the trading margin rates for hedging will be 15% of the contract value, and the trading margin rates for general positions will be 16% of the contract value.

Te price limits of Low Sulfur Fuel Oil futures contracts LU2608, LU2609, LU2610, LU2611, LU2612, LU2701, LU2702, LU2703, LU2704, LU2705, LU2706 and subsequently listed contracts will be ±14% from the settlement price of the previous trading day, the trading margin rates for hedging will be 15% of the contract value, and the trading margin rates for general positions will be 16% 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
June 23, 2026

https://www.ine.com.cn/eng/circularnews/circular/202606/t20260623_832232.html