Questions this notice answers
What margin and price limits did INE announce for SC2612 and SC2701 on 30 October 2026?
INE announced 20% general-position margin, 19% hedging margin and a 18% daily price limit for SC2612 and SC2701. The notice specifies these levels from settlement at the close on 3 November 2026. Further adjustments under Article 16 of the INE risk-control rules remain applicable to the announced margins and price limits. Other price-limit and trading-margin matters follow the INE risk-control rules and relevant business rules.
What margin and price limits did INE announce for LU2612 and LU2701 on 30 October 2026?
INE announced 20% general-position margin, 19% hedging margin and a 18% daily price limit for LU2612 and LU2701. The notice specifies these levels from settlement at the close on 3 November 2026. Further adjustments under Article 16 of the INE risk-control rules remain applicable to the announced margins and price limits. Other price-limit and trading-margin matters follow the INE risk-control rules and relevant business rules.
Key facts and source passages
- SC2612, SC2701 · Daily price limit
- 18%
- SC2612, SC2701 · Hedging margin
- 19%
- SC2612, SC2701 · General-position margin
- 20%
- LU2612, LU2701 · Daily price limit
- 18%
- LU2612, LU2701 · Hedging margin
- 19%
- LU2612, LU2701 · General-position margin
- 20%
Timing: From settlement at the close on 3 November 2026.
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18%，套保持仓交易保证金比例为19%，一般持仓交易保证金比例为20%。 Chinese source passage自2026年11月3日（星期二）收盘结算时起 Chinese source passage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。 Chinese source passage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。 Chinese source passageSummary
INE set new daily price limits and trading margins for crude oil futures SC2612 and SC2701 and low sulphur fuel oil futures LU2612 and LU2701, from closing settlement on 3 November 2026 (Tuesday). For these contracts the price limit is 18%, the hedging-position margin is 19% and the general-position margin is 20%. If circumstances under Article 16 of the INE Risk Control Management Rules arise, further adjustments will be made on top of these levels.
- Timing
- From closing settlement on 3 November 2026 (Tuesday).
- Applies to
- INE crude oil futures contracts SC2612 and SC2701 and low sulphur fuel oil futures contracts LU2612 and LU2701; hedging and general positions.
- Not covered
- The notice does not state the previous levels, so no direction of change is implied. It does not describe the Article 16 circumstances that may trigger further adjustments. Other contracts are not covered.
The official Chinese text prevails.
Source excerpts
自2026年11月3日（星期二）收盘结算时起 ¶3原油期货SC2612、SC2701合约、低硫燃料油期货LU2612、LU2701合约 ¶4的涨跌停板幅度为18%，套保持仓交易保证金比例为19%，一般持仓交易保证金比例为20% ¶4官方中文原文 Official Chinese text
上能发〔2026〕115号
各有关单位：
经研究决定，自2026年11月3日（星期二）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18%，套保持仓交易保证金比例为19%，一般持仓交易保证金比例为20%。
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30日