Core Viewpoint - The launch of pure benzene futures and options on July 8 marks a significant development in risk management tools for China's aromatic industry, providing a means to stabilize profits and production operations [1] Group 1: Market Development - The first pure benzene over-the-counter options transaction was successfully executed by Zhejiang Zhiqi Industrial Co., Ltd. in collaboration with a Shandong chemical enterprise, which has a sales network covering multiple provinces [1] - The introduction of pure benzene futures and options fills a gap in the raw material risk management tools within the aromatic industry chain, complementing existing styrene futures and options [1] Group 2: Risk Management Strategy - Zhejiang Zhiqi Industrial identified the devaluation risk of pure benzene spot inventory for the collaborating enterprise and designed a strategy involving selling a virtual call option on the pure benzene 2603 contract to mitigate costs and lock in profits [2] - The strategy allows the enterprise to benefit from price increases while also providing a safety net if prices do not exceed the execution price, thus addressing both inventory cost optimization and profit locking needs [2] Group 3: Future Outlook - The launch of new futures products is seen as an opportunity for the entire industry chain to access new risk management tools, with Zhejiang Zhiqi Industrial committed to leveraging its expertise in derivatives to empower the real economy [2]
再次实现新品种首单破冰!浙期实业为纯苯产业企业注入风险管理新动能
Qi Huo Ri Bao·2025-07-08 07:45