L'Exchange de Shanghai : accepte la demande de China Petroleum Fuel Oil Co., Ltd. de modifier les membres du groupe de contrats à terme sur le bitume pétrolier

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People Finance News, 26 March: As stated in the previous SHFE announcement, recently, PetroChina Fuel Oil Co., Ltd. (hereinafter referred to as PetroChina Fuel Oil) submitted application materials to that exchange. According to the relevant provisions such as the 《Shanghai Futures Exchange Delivery Warehouse Management Measures》 and the 《Shanghai Futures Exchange Group Delivery Business Management Measures》, after review, it has been decided to: approve the cancellation of the eligibility of Wenzhou PetroChina Fuel Asphalt Co., Ltd.’s oil asphalt futures delivery warehouse. Approve PetroChina Fuel Oil’s addition of Guangdong Petrochemical Co., Ltd., Ningbo Boying Petrochemical Co., Ltd., Shandong Baicheng New Materials Technology Co., Ltd., and Yunnan Ruizai Holdings Group Co., Ltd. as members of PetroChina Fuel Oil’s delivery warehouse. The delivery warehouse members under PetroChina Fuel Oil shall be adjusted to Foshan Gaofudong PetroChina Fuel Asphalt Co., Ltd. and PetroChina Jiangsu Fuel Asphalt Co., Ltd. After the adjustment, the approved warehouse capacity and the capacity to put into operation of PetroChina Fuel Oil Group’s delivery center remain unchanged, both at 60,000 tons; the storage sites of the Group’s delivery center are: Fu’wan Industrial Development Zone, Gaoming District, Foshan City, Guangdong Province; No. 309 Binjiang East Road, Jiangyin City, Jiangsu Province; and Xiaomen Shan, Damentang Town, Dongtou District, Wenzhou City, Zhejiang Province.

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