# SHFE fuel oil and bitumen margin and price-limit changes from 12 October settlement

The official Chinese text prevails.

## Questions this notice answers

### What margin and price limits did SHFE announce for FU2612 and FU2701 on 9 October 2026?

SHFE announced 18% general-position margin, 17% hedging margin and a 16% price limit for FU2612 and FU2701. The notice specified these levels from settlement at the close on 12 October 2026. Article 13 risk-control adjustments remain applicable to the announced margins and price limits.

### What margin and price limits did SHFE announce for BU2610, BU2611, BU2612 and BU2701 on 9 October 2026?

SHFE announced 14% general-position margin, 13% hedging margin and a 12% price limit for BU2610, BU2611, BU2612 and BU2701. The notice specified these levels from settlement at the close on 12 October 2026. Article 13 risk-control adjustments remain applicable to the announced margins and price limits.

### Key facts and source passages

- FU2612, FU2701 — Daily price limit: 16%
- FU2612, FU2701 — Hedging margin: 17%
- FU2612, FU2701 — General-position margin: 18%
- BU2610, BU2611, BU2612, BU2701 — Daily price limit: 12%
- BU2610, BU2611, BU2612, BU2701 — Hedging margin: 13%
- BU2610, BU2611, BU2612, BU2701 — General-position margin: 14%

From settlement at the close on 12 October 2026.

> 燃料油期货FU2612、FU2701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%

> 石油沥青期货BU2610、BU2611、BU2612、BU2701合约的涨跌停板幅度为12%，套保持仓交易保证金比例为13%，一般持仓交易保证金比例为14%

> 自2026年10月12日（星期一）收盘结算时起

> 如遇《上海期货交易所风险控制管理办法》第十三条规定情况，则在上述涨跌停板幅度、交易保证金比例基础上调整。

## English summary

SHFE announced a 16% price limit, 17% hedging margin and 18% general-position margin for FU2612/FU2701. For BU2610/BU2611/BU2612/BU2701, the rates are 12%, 13% and 14% respectively. The change starts at settlement at the close on 12 October 2026; Article 13 risk-control adjustments remain applicable.

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

Scope: The specified fuel oil FU and bitumen BU contracts; hedging and general-position margins are separate.

Limitations: This is a dated notice summary, not certification of the currently effective margin for every FU or BU contract.

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%

> 涨跌停板幅度为12%，套保持仓交易保证金比例为13%，一般持仓交易保证金比例为14%

> 第十三条

## Source and dates

Original Chinese title: 关于调整燃料油、石油沥青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_833667.html)

[CEC HTML](https://chinaexchangecirculars.com/notices/shfe-8a47127f6f4de04c750b/) · [Canonical notice](https://chinaexchangecirculars.com/notices/shfe-8a47127f6f4de04c750b/)

## Chinese original

```text
上期发〔2026〕344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： 燃料油期货FU2612、FU2701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%。 石油沥青期货BU2610、BU2611、BU2612、BU2701合约的涨跌停板幅度为12%，套保持仓交易保证金比例为13%，一般持仓交易保证金比例为14%。 如遇《上海期货交易所风险控制管理办法》第十三条规定情况，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《上海期货交易所风险控制管理办法》及相关业务规则执行。 特此通知。 上海期货交易所 2026年10月9日
```

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