Shanghai International Energy Exchange has released its Circular on Adjusting the Price Limits and Trading Margin Rates of Certain Upcoming Futures Contracts as follows:

All related parties,

Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies that the price limits and trading margin rates of certain upcoming futures contracts will be adjusted as follows since their listing:

The price limits of SC2903, LU2703, and NR2702 will be ±9% from the settlement price of the previous trading day, the trading margin rates for hedging will be 10% of the contract value, and the trading margin rates for general positions will be 11% of the contract value.

The price limits of BC2702 will be ±10% from the settlement price of the previous trading day, the trading margin rates for hedging will be 11% of the contract value, and the trading margin rates for general positions will be 12% 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 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 limits and trading margin rates.

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

Appendix: The Adjustments of the Price Limits and Trading Margin Rates of Certain Futures Contracts

Shanghai International Energy Exchange
February 9, 2026