The revised Clearing Rules of the Shanghai Futures Exchange, Delivery Rules of the Shanghai Futures Exchange, Copper Cathode Futures Rules of the Shanghai Futures Exchange, Aluminum Futures Rules of the Shanghai Futures Exchange, Fuel Oil Futures Rules of the Shanghai Futures Exchange, and Cast Aluminum Alloy Futures Rules of the Shanghai Futures Exchange have been adopted by the Board of Directors of the Shanghai Futures Exchange (SHFE), and reported to the China Securities Regulatory Commission. These rules are hereby released and shall take effect at the market close of January 15, 2027.

Please visit the official website of SHFE for the Chinese version. If there is any discrepancy between the English version and the Chinese version, the Chinese version shall prevail.

Annexes:

1. Comparative Table

2. Clearing Rules of the Shanghai Futures Exchange (revised)

3. Delivery Rules of the Shanghai Futures Exchange (revised)

4. Copper Cathode Futures Rules of the Shanghai Futures Exchange (revised)

5. Aluminum Futures Rules of the Shanghai Futures Exchange (revised)

6. Fuel Oil Futures Rules of the Shanghai Futures Exchange (revised)

7. Cast Aluminum Alloy Futures Rules of the Shanghai Futures Exchange (revised)

Shanghai Futures Exchange
October 29, 2026