Shanghai International Energy Exchange has released its Circular on the Revised Low Sulfur Fuel Oil Futures Contract of the Shanghai International Energy Exchange, as shown below: 

The revised version of the Low Sulfur Fuel Oil Futures Contract of the Shanghai International Energy Exchange has been deliberated and approved by the Board of Directors of the Shanghai International Energy Exchange (INE), and has been reported to the China Securities Regulatory Commission. It shall take effect from January 1, 2026. Standard warrants issued prior to January 1, 2026 shall retain validity through their date of expiry. 

All members are requested to issue reminders before the implementation of the revised rule. 

Please visit the official website of INE for the Chinese version. The English version is for reference only. In case of any inconsistency between the English version and the Chinese version, the Chinese version shall prevail. 

Appendix: 

1. Comparative Table 

2. Low Sulfur Fuel Oil Futures Contract of the Shanghai International Energy Exchange(Revised) 

Disclaimer: The rules of the Shanghai International Energy Exchange are made in Chinese. The English version of such rules is for reference only and shall have no legal effect. 

Shanghai International Energy Exchange 

　　 June 27, 2025