Notices / INE

INE SC2612/SC2701 and LU2612/LU2701 margin and price-limit changes

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

Published · Shanghai International Energy ExchangeOfficial notice ↗

Questions this notice answers

What margin and price limits did INE announce for SC2612 and SC2701 on 9 October 2026?

INE announced 18% general-position margin, 17% hedging margin and a 16% daily price limit for SC2612 and SC2701. The notice specifies these levels from settlement at the close on 12 October 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 9 October 2026?

INE announced 18% general-position margin, 17% hedging margin and a 16% daily price limit for LU2612 and LU2701. The notice specifies these levels from settlement at the close on 12 October 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
16%
SC2612, SC2701 · Hedging margin
17%
SC2612, SC2701 · General-position margin
18%
LU2612, LU2701 · Daily price limit
16%
LU2612, LU2701 · Hedging margin
17%
LU2612, LU2701 · General-position margin
18%

Timing: From settlement at the close on 12 October 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%。 Chinese source passage
自2026年10月12日(星期一)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 passage

Summary

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
From settlement at the close on 12 October 2026.
Applies to
Only SC2612, SC2701, LU2612 and LU2701. Hedging and general-position margin rates differ.
Not covered
This reports the terms of the 9 October notice. Later notices or rule-triggered adjustments may supersede them; no current effective margin is certified.

The official Chinese text prevails.

Source excerpts

自2026年10月12日(星期一)收盘结算时起 ¶3
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% ¶4
第十六条 ¶5

官方中文原文 Official Chinese text

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