Notice of Shanghai International Energy Exchange on Adjusting the the Price Limits and Trading Margin Rates of Certain Futures Contracts

Shanghai International Energy Exchange has released its Notice of Shanghai International Energy Exchange on Adjusting the the Price Limits and Trading Margin Rates of Certain Futures Contractsas follows:

All related parties,

Shanghai International Energy Exchange (hereinafter referred to as "INE") hereby notifies the trading adjustments as follows:

As from Thursday, March 5, 2026, INE will adjust the price limitsand trading margin rates for the contracts listed below when the daily clearing process begins:

The price limits of Crude Oil futures contractssc2604, sc2605, sc2606, sc2607, sc2608 will be ±17% from the settlement price of the previous tradingday, the trading margin rates for hedging will be 18% of the contract value, and the trading margin rates for general positionswill be19% of the contract value.

The price limits of Low Sulfur Fuel Oil futures contractslu2604, lu2605, lu2606, lu2607, lu2608 will be ±15% from the settlement price of the previous tradingday, the trading margin rates for hedging will be 16% of the contract value, and the trading margin rates for general positionswill be17% of the contract value.

As from Friday, March 6, 2026, INE will adjust the price limitsand trading margin rates for the contracts listed below when the daily clearing process begins:

The price limits of Crude Oil futures contractssc2609 sc2610, sc2611, sc2612, sc2701, sc2702, sc2703, sc2706, sc2709, sc2712, sc2803, sc2806, sc2809, sc2812, sc2903 will be ±15% from the settlement price of the previous tradingday, the trading margin rates for hedging will be 16% of the contract value, and the trading margin rates for general positionswill be17% of the contract value.

The price limits of Low Sulfur Fuel Oil futures contractslu2609, lu2610, lu2611, lu2612, lu2701, lu2702, lu2703 will be ±15% from the settlement price of the previous tradingday, the trading margin rates for hedging will be 16% of the contract value, and the trading margin rates for general positionswill be17% of the contract value.

In case of the situation stipulated in Article 16 of the Risk Management Rules of the Shanghai International Energy Exchange, the price limits and the trading margin rates will be further adjusted on the basis of the above mentioned parameters.

Please refer to the Risk Management Rules of the Shanghai International Energy Exchange for other provisions concerning the price limitsand trading margin rates.

In the event of any inconsistency between the Chinese version and English translation, the Chinese version shall prevail.

Shanghai International Energy Exchange

March 5, 2026