# SHFE republication: INE SC2612/SC2701 and LU2612/LU2701 margin and price-limit changes

The official Chinese text prevails.

## English summary

SHFE republished the following INE announcement. INE announced a 16% price limit, 17% hedging margin and 18% general-position margin for crude oil SC2612/SC2701 and low-sulfur fuel oil LU2612/LU2701, from settlement at the close on 12 October 2026. Further adjustments under Article 16 of the risk-control rules remain applicable.

Timing stated in this notice: From settlement at the close on 12 October 2026.

Scope: Only SC2612, SC2701, LU2612 and LU2701. Hedging and general-position margin rates differ.

Limitations: This is an SHFE republication of an INE notice. This reports the terms of the 9 October notice. Later notices or rule-triggered adjustments may supersede them; no current effective margin is certified.

Topics: [Margin and price limits](https://chinaexchangecirculars.com/topics/margin-price-limits/)

## Evidence excerpts

> 自2026年10月12日（星期一）收盘结算时起

> 涨跌停板幅度为16%，套保持仓交易保证金比例为17%，一般持仓交易保证金比例为18%

> 第十六条

## Source and dates

Original Chinese title: 上海国际能源交易中心发布关于调整原油、低硫燃料油期货相关合约涨跌停板幅度和交易保证金比例的通知

Official publication date: 2026-10-09

[Official Chinese source](https://www.shfe.com.cn/publicnotice/notice/202610/t20261009_833670.html)

[CEC HTML](https://chinaexchangecirculars.com/notices/shfe-5a3735c5b341c4c505ec/) · [Canonical notice](https://chinaexchangecirculars.com/notices/ine-e2e7e94c40d22fb8cb2a/)

SHFE reproduction: [Related INE original](https://chinaexchangecirculars.com/notices/ine-e2e7e94c40d22fb8cb2a/). The official Chinese sources prevail.

## Chinese original

```text
上海国际能源交易中心发布关于调整原油、低硫燃料油期货相关合约涨跌停板幅度和交易保证金比例的通知，内容为： 上能发〔2026〕110号 各有关单位： 经研究决定，自2026年10月12日（星期一）收盘结算时起，涨跌停板幅度和交易保证金比例调整如下： 原油期货SC2612、SC2701合约、低硫燃料油期货LU2612、LU2701合约的涨跌停板幅度为16%，套保持仓交易保证金比例为17%，一般持仓交易保证金比例为18%。 如遇《上海国际能源交易中心风险控制管理细则》第十六条规定情况，则在上述涨跌停板幅度、交易保证金比例基础上调整。 关于涨跌停板和交易保证金的其他事项按《上海国际能源交易中心风险控制管理细则》及相关业务规则执行。 特此通知。 上海国际能源交易中心 2026年10月9日
```

Independently compiled for information only, not investment advice. Official Chinese notices and your broker’s applicable terms prevail.