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Outside Shanghaiguan of fuel oily photograph dish agreement

From;    Author:Stand originally


Natural futures trades (EFP) :

Commerciality buyers and sellers can pass the way that offers application to bourse to change their futures money market equal natural money market. EFP can be used at initiative cash and liquidation cash.

But grade of commodity of complete a business transaction:

Specific domestic crude oil is sulfureous weight under 0.42 % , do not exceed 37API or the weight under 42API. Channel of following home crude oil is but of complete a business transaction: Germany Kesasi intermediary, low sweet miscella, new Mexico is sweet model crude oil, boreal heart overcomes Sa Sixiang crude oil, ma Xiang of Russian carat carry on one's shoulder crude oil, na Deke Sa Sixiang crude oil.

Specific foreign crude oil does not exceed the weight of 37API or 42API. Channel of crude oil of following foreign country is but of complete a business transaction: British Bulunte and Norwegian Aosiboge, the bargainor should obtain price of final close an account the discount of every pails of 30 cent. When Nigeria and Colombian complete a business transaction due the agio of 15 cent.

Quality inspection:

Qualitative check presses petroleum pipeline actual state undertakes. The member that buyer or bargainor can appoint a qualitative check checks the quality of oil of complete a business transaction. The one party that puts forward to pledge check asks bears qualitative check cost and clew the other side will undertake checking.

Cash limitation:

Summation of all month agreement is 15000 pieces at most, 3 days of most hold agree month of merchandise on hand 1000 pieces finally about, hold any only month agreement not to exceed 7500 pieces at most.

Security demand:

Hold buy (sell) futures and short-term period power money supply needs to pay earnest money. The bail of period authority negotiant cannot exceed agio.

Trade code:

Futures: CL
Period authority: LO


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