On Oct 21, 2026, SNSUC announced full API-level integration between its Digital Warehouse Receipt System and SHFE’s Standard Receipt Management Platform — enabling real-time synchronization, blockchain-based title verification, and cross-platform financing for 6 commodities including fuel oil, bitumen, and natural rubber.

As of Oct 20, 2026, SNSUC has issued over 2.16 million blockchain-verified digital warehouse receipts, enabling RMB 8.73Bn in pledged financing — with average loan cycle shortened to 2.3 working days (68% faster than traditional models).

On Oct 19, 2026, SNSUC’s digital warehouse receipt system achieved SHFE technical certification — enabling cross-market pledge financing for fuel oil and natural rubber, with direct data linkage to SHFE’s registry and PBOC’s unified movable asset financing platform.

Asphalt futures plunged 3.50% to ¥5,013/t—the steepest one-day drop in three weeks—while fuel oil held up (+0.36%), exposing quota-driven displacement. Customs now mandates blockchain-verified proof of offshore resale within 72 hours of trade execution; late submission triggers automatic customs rejection.