The last trading day of the month prior to the delivery month; The Shanghai International Energy Exchange is entitled to adjust the last trading day in accordance with the national holidays.
Five (5) consecutive trading days after the last trading day.
Grades and Quality Specifications
Medium sour crude oil with the quality specifications of API 32.0 degrees and sulfur content 1.5% by weightThe deliverable grades and the price differentials willbe stipulated separately by the Shanghai International Energy Exchange.
Delivery Storage Facilities designated by the Shanghai International Energy Exchange
Minimum Trading Margin
5% of contract value
Shanghai International Energy Exchange
Standard Delivery Procedure involves a five-day delivery procedure.
*For most accurate and up-to-date information, please refer to the respective exchange’s website.