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    Home > Chemicals Industry > Rubber Plastic News > Dalian Commodity Exchange: LLDPE, PVC and PP options coming soon

    Dalian Commodity Exchange: LLDPE, PVC and PP options coming soon

    • Last Update: 2022-08-23
    • Source: Internet
    • Author: User
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    On June 18, Dalian Commodity Exchange and China Petroleum and Chemical Industry Federation jointly held the online "2020 China Chemical Industry (Futures) Conference"


    .


    According to Wang Shumei, Director of the Industrial Products Division of DCE, China's chemical derivatives are becoming more and more abundant, and the market is constantly developing and improving


    .


    According to Wang Shumei, Director of the Industrial Products Division of DCE, China's chemical derivatives are becoming more and more abundant, and the market is constantly developing and improving
    .


    In terms of market structure, as DCE has actively carried out various cultivation activities for the chemical industry in recent years, such as industry conferences, leading enterprise training, and industry and finance cultivation bases, the number of corporate clients participating in Neng Hua futures trading has grown rapidly


    .


    In terms of market size, the three major energy and chemical sectors of DCE, plastics, liquid chemicals and gas energy, have developed in concert


    .


    It is worth noting that the simultaneous listing of LPG futures and options in March this year coincided with the volatile market in the international energy and chemical sector


    .


    From the perspective of functional performance, the futures and spot prices of various energy and chemical products have high correlation since their listing, and the futures price leads the spot price


    .


    It was learned from the meeting that the current epidemic prevention and control has entered a stage of normalization, but the market is still facing the uncertainty of domestic and foreign supply and demand, and the import and export trade situation is unclear.
    Under the background of the overall expansion of the industry, the market structure will also change.
    It puts forward requirements for the futures market to continue to increase the supply of products and services, and to promote the improvement of contract rules and international development


    .


    Specifically, in the next step, DCE will ensure the stable listing of LLDPE, PVC and PP options, and research and develop new varieties such as pure benzene and LDPE.
    Make full use of international solutions such as iron ore and crude oil, promote the introduction of foreign investors in relevant energy and chemical futures, support and encourage more qualified foreign investors to participate in domestic commodity futures trading, and serve the global industry


    .

    "In the next step, we will strengthen market construction, continuously improve contracts and systems, and promote the integration of futures and
    currents.
    " Wang Shumei said that in terms of delivery methods, we will study the transfer of the trader's factory warehouse system of iron ore varieties to Nenghua varieties, and study the inclusion of the first A group of traders will continue to improve the delivery method and make the delivery of futures and spot smooth

    .
    In terms of contract continuity, it is hoped that industrial customers will participate and support together, and work with the exchange to promote contract continuity in recent months

    .
    In terms of delivery quality standards, it is planned to adjust the delivery quality standards of PVC futures according to the new national standard

    .
    In the over-the-counter market, the role of the multi-level market will be brought into full play, the integration of the derivatives market and the real industry will be promoted, and the service industry will develop steadily and healthily

    .

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