Shandong Port Qingdao Port International Co.Ltd(601298) low sulfur fuel oil futures business landing

On February 25, "Dahai Oil 15" was unloaded at berth 92 of Huangdao port area of Qingdao Shihua crude oil terminal Co., Ltd. (hereinafter referred to as Shihua company), marking the official landing of Qingdao Port International Co.Ltd(601298) low sulfur fuel oil futures business of Shandong port.

According to the reporter of futures daily, in the early stage, with the strong support of the previous period exchange, the previous period energy, Qingdao Customs and Huangdao customs, the liquefaction reservoir area of Shandong Port Qingdao Port International Co.Ltd(601298) Shihua company became the first low sulfur fuel oil futures storage point in northern China and the first unit with newly approved delivery qualification since the establishment of the "delivery center" of Shandong Port Group, It was a milestone in the formal opening of the futures business cooperation between the exchange and Shandong Port Group.

After obtaining the delivery qualification, Shihua company closely communicated with the previous energy and futures oil consignors. After knowing the demand for warehousing and delivery, Shihua company comprehensively sorted out the production process in strict accordance with the previous energy delivery rules and inspection and quarantine rules, and prepared the loading and unloading wharf and tank capacity to ensure the quality of warehousing futures oil products. The official launch of low sulfur fuel oil futures business in Qingdao Port International Co.Ltd(601298) is a key step in building a futures energy pattern of "Zhoushan in the south, Qingdao in the north, echoing from the north to the South and facing each other from a distance" and improving the influence of China's futures market. It will enrich Shandong Port energy futures business and promote the high-quality development of Shandong Port oil business, In particular, it plays a direct role in enriching the procurement channels of low sulfur marine oil in Qingdao and improving the activity of the trade market, and is of far-reaching significance for Shandong Port Qingdao Port International Co.Ltd(601298) accelerating the construction of "Northeast Asia marine oil filling center".

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