Core Viewpoint - The article discusses the recent training conference held in Urumqi, aimed at enhancing the quality development of the futures market in Xinjiang, in line with the State Council's guidelines to support local industries and rural revitalization [1][2]. Group 1: Futures Market Development - The futures market in Xinjiang is entering a new era of high-quality development, with increasing participation from leading institutions and effective risk management for local enterprises through key commodities like industrial silicon, cotton, and red dates [2]. - In 2024, the Xinjiang futures market provided hedging services to 55 enterprises, with a total hedging transaction volume of 30.673 billion yuan, helping companies lock in profits and manage price volatility risks [2]. - Over the past three years, 36 "insurance + futures" projects have been launched, covering 1.13 million acres of crops and providing insurance coverage of 3.453 billion yuan for 600,000 tons of spot goods, benefiting 36,000 farming households [2]. Group 2: Challenges and Recommendations - There are still challenges regarding the understanding and effective utilization of the futures market among local enterprises, necessitating a unified approach to integrate the implementation of the guidelines with Xinjiang's economic development [2]. - The Xinjiang Securities Regulatory Bureau emphasizes the need for collaboration to focus on the "ten major industries" and enhance the influence on commodity prices through a multi-layered market [2]. - Recommendations include futures institutions leveraging their expertise to provide quality services and encouraging industry enterprises to engage more deeply with the futures market [2][3]. Group 3: Agricultural and Industrial Integration - Xinjiang's agricultural sector benefits from favorable climatic conditions, and effective "three rural" work is crucial for maintaining economic stability and improving farmers' living standards [3]. - The Zhengzhou Commodity Exchange provided insights on the operation and prospects of the "insurance + futures" model, analyzing its components and application processes relevant to Xinjiang's agricultural development [3]. - The development of the ten major industrial clusters in Xinjiang is also supported by local enterprises utilizing futures products for hedging, with discussions on strategies and risk management tailored to local industries like electrolytic aluminum, PVC, and polysilicon [4]. Group 4: Future Directions - The Xinjiang Securities and Futures Industry Association plans to focus on the ten major industrial clusters, clarifying the logic between futures and spot markets, and fostering a collaborative development environment [4]. - The association aims to strengthen regulation, mitigate risks, and promote high-quality development in the futures market to better support the local economy [4].
新疆地区召开期货市场高质量发展交流培训会 结合产业共同探讨期货市场助力新疆经济高质量发展
Zheng Quan Shi Bao Wang·2025-04-29 04:04