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SHFE Caps Daily Oil Bitumen Futures Positions at 3,000 Lots

The Shanghai Futures Exchange said it will cap the maximum daily opening positions in oil bitumen futures contracts BU2610 and BU2611 at 3,000 lots for non-futures-company members, overseas special non-brokerage participants and clients. The adjustment takes effect from trading on September 30, 2026, which begins with the night session on September 29.

Original source

AI take

This is a routine exchange risk-control measure, not a directional signal on bitumen itself. Capping daily opening positions on two specific contract months limits how quickly large non-member and overseas participants can build exposure, which matters most for traders running short-term or spread strategies in those tenors. The practical effect is likely to be modest unless those contracts are already drawing concentrated speculative flow. Whether the cap is extended to other months or lifted after the effective date is the open question.

Generated by AI for reference only.

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