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"Shanghai Crude Oil" debuted at Singapore Asia-Pacific Petroleum Conference for the first time

Fang submitted 2019-10-09 16:41:22

The 35th Asia-Pacific Petroleum Conference was held in Singapore from September 9 to 11, 2019. The Shanghai Futures Exchange (hereinafter referred to as SHFE) and the Shanghai International Energy Exchange Center (hereinafter referred to as the INE) introduced to the world energy industry the operation of China's crude oil futures for more than a year through speeches, participation in discussions and exhibitions. General Manager Lu Feng attended the meeting and made a speech. This is also the first time that "Shanghai Crude Oil" has appeared publicly at Singapore Asia-Pacific Petroleum Conference since its listing.

Lufeng said that after more than a year's actual operation since the listing of crude oil futures, the overall situation has shown a good trend of "smooth trading, smooth settlement, smooth delivery, strict supervision, risk management in place, positive public opinion and preliminary function". Market transactions are stable and the effect of monthly rotation of main contracts is remarkable. By the end of August, more than 80,000 accounts have been opened. According to unilateral statistics, the average daily turnover of the whole market is 150,000 lots, with an average daily turnover value of 70.4 billion yuan. The maximum daily turnover on Dec. 7, 2018 is 359,800 lots, 17 times the initial turnover. The average daily holding capacity of the whole market is 24,200 lots, which is more than 10 times of the initial stage of listing. Next, according to the changes of spot market, the exchange will timely study and optimize deliverable oils, orderly promote the listing of Marker Price, TAS and Crude Oil Options, enhance the convenience of overseas participants in opening and trading crude oil futures, further reduce transaction costs, and continuously improve the sequence of energy products, including We will promote the listing of international low-sulfur fuel oil futures contracts.

The Asia-Pacific Petroleum Conference is an annual event for the global energy industry. In addition to the seminars held in the venue, senior executives of various oil companies, trading companies, exchanges, information publishing agencies and other companies will gather in Singapore this week, which is one of the most influential oil industry communication and liaison platforms in the Asia-Pacific region with high specifications and full coverage.


35届亚太石油大会于201999-11日在新加坡举办,上海期货交易所(以下称上期所)及上海国际能源交易中心(以下称上期能源)通过演讲、参与讨论、布展等多种形式,向世界能源行业介绍我国原油期货运行一年多以来的情况,上期所副总经理、上期能源副总经理陆丰出席会议并讲话。这也是“上海原油”上市以来首次公开亮相新加坡亚太石油大会。

陆丰表示,原油期货上市以来,经过一年多的实际运行,总体呈现出“交易平稳、结算流畅、交割顺利、监查严格、风控到位、舆论正面、功能初步显现”的良好态势。市场交易平稳,主力合约逐月轮换效果显著,截止8月底累计开户超过8万个,按单边统计,全市场日均成交15万手,日均成交金额704亿元,其中2018127日单日最高成交量达到35.98万手,是上市初期成交量的17倍。全市场日均持仓量2.42万手,也是上市初期的10倍以上。下一步,交易所将根据现货市场变化,适时研究优化可交割油种,有序推进日中交易参考价(Marker Price)、结算价交易机制(TAS)、原油期权的上市工作,提升境外参与者参与原油期货开户和交易的便利性,进一步降低交易成本,并不断完善能源类品种序列,包括推进国际化低硫燃料油期货合约上市。

亚太石油大会是全球能源行业一年一度的盛会。除了场内的研讨会外,大会举办当周各类石油公司、贸易公司、交易所、信息发布机构等公司高管都会聚集新加坡,是亚太地区高规格、全覆盖、最有影响力的石油行业交流联络平台之一。

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