Morning Fuel Oil Futures in SHFE Soared on Aug 20th
CHEM99   Edit at:Wed, 20 Aug 2008 8:42:19 GMT  E-China
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    On Aug 20th (Wednesday), the fuel oil futures in SHFE wholly jumped in the morning markets.
      
    The October futures were closed at Yuan 4,825/mt, rose by Yuan 147/mt than the previous day;
 
    The December futures were closed at Yuan 4,677/mt in the morning, up by Yuan 168/mt than previous day;
   
    The November fuel oil futures dealing were the most active, opened at Yuan 4,690/mt and closed at Yuan 4,720/mt, increased by Yuan 172/mt than the previous day.
 
    In the morning 77,632 hands were dealt and the position volumes were at 38,178 hands; the deal price range was at Yuan 4,674-4,733/mt.
 
    Today’s exchange rate: $1=6.8529RMB
 

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