INE crude oil futures have been traded for nearly two months. It is the first commodity futures to introduce investors' appropriateness management in China. At present, there are 25 thousand registered accounts and a total of more than 9000 investors, of whom 1/4 is legal person.
Currently, the daily turnover reaches 100 thousand lots, while other international crude oil futures contracts generally need 3-5 years after listing to reach such daily turnover level.

1.
Shanghai crude oil futures begin to trade on March 26th, and the SC1809 contract opened 440 yuan a barrel on the first day of trade, then the trend fell before hitting the bottom of 397.7 in April 9th and began to rebound.
As of May 18th, the SC1809 closed to 486.5 yuan / barrel, up to 46.5 yuan / barrel compared to the first day, with a increase of 10.6%

2．
Since its listing, the cumulative turnover has been 3.506 million lots (bilateral), with an average daily turnover of 97.4 thousand lots (bilateral) and the highest turnover of 244.3 thousand lots in May 9th.
By the end of May 18th, the total open interest was 31260 lots (bilateral) and with an average open interest of 17561 lots per day (bilateral).

3．
Since March 26th, according to the correlation coefficient calculated with daily closing price: Shanghai crude oil futures is at the stage of exploration of the reasonable price difference, which has high correlation with WTI (0.943), Brent (0.954), and Oman (0.965).

4．
Since March 26th, according to the correlation coefficient calculated with daily settlement price: Shanghai crude oil futures have very high correlation with PTA(0.978), high correlation PVC(0.811) and asphalt (0.855)

5.

Since March 26th, according to the correlation coefficient calculated with daily settlement price: Shanghai crude oil futures have high correlation with screw steel (0.887), but low correlation with copper (0.594) and gold (0.012).

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