西部首批！原木期货车板交割在江津珞璜港成功落地

Core Viewpoint - The successful delivery of the first batch of log futures in the western region marks a significant step in the development of the log futures market in Southwest China, highlighting the logistics and trade hub status of Chongqing as an inland open highland [1][8]. Group 1: Delivery Process - The first delivery involved 5 contracts (450 cubic meters) of New Zealand imported radiata pine futures, successfully executed by Zhejiang Wuchan Senhua Co., Ltd. to a specialized timber trader in Qingdao [1]. - Chongqing Luohuang Port prepared thoroughly for the delivery, ensuring safety and smooth execution by checking and organizing goods in advance, and providing sufficient heat prevention materials [3]. - The delivery process was smooth due to pre-selection and sorting of goods by Luohuang Port and the seller, resulting in high-quality and standardized delivery items [3]. Group 2: Future Developments - Luohuang Port was approved as a designated delivery site for log futures by Dalian Commodity Exchange in November 2024, marking it as the first log futures delivery warehouse in Chongqing [5]. - A simulated delivery event was held on June 19, 2025, to rigorously follow the delivery process, showcasing the challenges and full procedures involved in log futures delivery [5]. Group 3: Industry Impact - Zhejiang Wuchan Senhua Co., Ltd. played a crucial role in the delivery, being a leading forestry enterprise that initiated hedging operations early on to manage price volatility risks [6]. - The delivery utilized a fully automated and information-managed process, reflecting the advanced management level of modern forestry enterprises [6]. - The successful completion of the first log futures delivery has positioned Chongqing Hub Industrial Park as a focal point nationally, enhancing resource allocation efficiency and injecting strong momentum into the stability and upgrading of the timber processing trade industry in Southwest China [8][10].