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Crude oil futures completed the first delivery and the number of accounts has exceeded 30 thousand.

Fang submitted 2018-09-10 15:49:09

On September 7, the INE SC1809 was successfully delivered, totaling 601,000 barrels of crude oil, and the single delivery value of 293 million Yuan. The delivery settlement price was 488.2 Yuan / barrel, up 10.95% from the opening price of 440.0 Yuan / barrel on March 26. This marks that crude oil futures have completed the whole process of listing, trading and delivery, and into the normal operation stage.

According to reports, the designated delivery storage facilities for first delivery Futures Crude are Dalian PetroChina Bonded Storage, Zhoushan Sinopec Commercial Storage Company Cezidao Oil Storage and Zhanjiang PetroChina Fuel Oil Bonded Storage.

Data show that contract SC1809 has gone through 110 trading days from listing to delisting. According to one side statistics, 8.9825 million lots were completed, with a turnover of 4.32 trillion Yuan, an average volume of 817,000 lots per day, an average turnover of 39.318 billion Yuan per day. August 31 is the last trading day of SC1809 contract; September 3, buyers submit notice of intentions, sellers submit standard warrants; September 4, the Exchange matches and allocates available standard warrants; September 5, buyers pay and obtain the warrants, sellers receive the payment; September 6 to 7, sellers shall submit all the invoices corresponding to the delivery commodities to the Exchange, the entire delivery process is completed smoothly.

It is understood that crude oil futures have become increasingly active since its listing. So far the average daily turnover of more than 100,000 lots, the highest once reached 205,000 lots, ranked among the world's three major crude oil futures contracts. At present, the number of crude oil futures accounts has exceeded 30,000, including securities companies, fund management companies, trust companies and other financial institutions, accounts for 15%. As the first type of futures to open to foreign investors, the participation of foreign customers in crude oil futures has been deepening, and the position of international traders has increased from 5% to 15% at the time of listing.


9月7日,上海国际能源交易中心原油期货SC1809合约顺利完成交割,交割量共计60.1万桶原油,单边交割金额2.93亿元,交割结算价488.2元/桶,较3月26日开盘价440.0元/桶上涨10.95%。这标志着原油期货走完上市、交易、交割的全流程,进入常态化运行阶段。
据介绍,首批用于交割的期货原油分布于三家指定交割仓库,分别为大连中石油保税库、中石化商储公司舟山分公司册子岛油库和中石油燃料油有限责任公司湛江分公司保税库。
数据显示,原油期货今年3月26日上市来,挂牌的最近月合约SC1809合约从上市交易至摘牌共经历了110个交易日,按单边统计,总成交898.25万手,成交额4.32万亿元,单日成交量平均8.17万手,单日成交金额平均393.18亿元。8月31日是SC1809合约的最后交易日;9月3日买方申报买入意向、卖方提交标准仓单;9月4日上期能源配对并分配标准仓单;9月5日买方交货款、收票据,卖方收款;9月6日~7日卖方提交票据,整个交割流程顺利完成。
据了解,原油期货上市来日趋活跃,到目前日均成交量稳定在10万手以上,最高一度达到20.5万手,跻身全球三大原油期货合约之一。目前原油期货开户数已超3万,其中以证券公司、基金管理公司、信托公司和其他金融机构为主的特殊单位客户占比15%。作为首个对境外投资者开放的期货品种,原油期货境外客户的参与程度不断加深,国际交易者持仓量占比已从上市2个月时的5%提升至15%左右。

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