Notices / SHFE

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

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

Published · Shanghai Futures ExchangeOfficial notice ↗

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%

Timing: 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% Chinese source passage
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% 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。 Chinese source passage

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
From settlement at the close on 12 October 2026.
Applies to
The specified fuel oil FU and bitumen BU contracts; hedging and general-position margins are separate.
Not covered
This is a dated notice summary, not certification of the currently effective margin for every FU or BU contract.

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
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% ¶5

1 more excerpts in the Markdown version.

官方中文原文 Official Chinese 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