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    Home > Chemicals Industry > China Chemical > The world's first natural rubber option is listed in Shanghai   

    The world's first natural rubber option is listed in Shanghai   

    • Last Update: 2021-09-04
    • Source: Internet
    • Author: User
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    Sinochem News.


    Cheng Xin, deputy director of the Futures Supervision Department of the China Securities Regulatory Commission, Li Jun, deputy director of the Shanghai Municipal Financial Supervision and Administration Bureau, Zheng Wenrong, vice chairman of the China Natural Rubber Association, and Jiang Yan, chairman of the Shanghai Futures Exchange, jointly launched the natural rubber option listing


    Many guests who participated in the launching ceremony pointed out that natural rubber on-site options have filled the gap in natural rubber on-site options in the international market


    Cheng Xin said that after the listing of natural rubber options, it will provide relevant companies with more sophisticated risk management tools, which will help reduce the cost of natural rubber "insurance + futures" poverty alleviation projects, and better serve the national poverty alleviation strategy and rural revitalization strategy.


    Jiang Yan believes that the listing of natural rubber options is inseparable from the mature underlying market.


    The picture shows the launching ceremony of natural rubber options



    The industry is optimistic about the listing of natural rubber options

    Zheng Wenrong, Vice President of the China Natural Rubber Association: In recent years, rubber planting areas have used natural rubber futures to achieve significant results in locking profits, managing capital risks, discovering prices, guiding business operations, and promoting rubber farmers' income


    Yu Wanru, deputy general manager of Nanhua Futures Co.


      Li Qisheng, Acting President of Hainan Natural Rubber Industry Group Co.




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