What are the main features of the 

delivery of LSFO futures?

international and domestic quality standards for LSFO, 

INE additionally checks for cleanness, phenol and styrene 

contents, and, where mixed tank storage is involved, 

compatibility (checked before load-in), to ensure only 

high-quality deliverables enter the futures market.

(3) Bonded standard warrants are valid for six months 

from the next month of their creation. Upon expiration of 

a bonded standard warrant, the underlying commodities 

shall be converted to spot products.

(4) Minimum load-in and load-out quantity. The minimum 

load-in quantity for LSFO is 5,000 metric tons, the 

minimum load-out quantity is 1,000 metric tons, unless the 

load-in and load-out quantity otherwise agreed between 

the owner and the Designated Delivery Storage Facility

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