Core Viewpoint - The original wood futures market is demonstrating stable trading and increasing participation from industry players, contributing to the stability of the wood supply chain and enhancing China's influence on wood pricing [1][2][3][4] Group 1: Market Performance - As of the end of June, the average daily trading volume of original wood futures was approximately 31,200 contracts, with an average daily open interest of about 34,100 contracts, indicating a reasonable market scale and liquidity [1] - Since the listing of the original wood futures on November 18, 2024, the trading has been smooth, and the market functions are gradually being realized [1] Group 2: Delivery and Participation - By July 13, a total of 464 contracts had been successfully delivered, with significant activity concentrated in Shandong Lanshan, Jiangsu Taicang, and Chongqing, showcasing the effective delivery process [2] - Over a hundred industry enterprises are currently participating in trading, utilizing futures and options to manage price volatility risks [2] Group 3: Industry Impact and Innovations - The original wood futures market is facilitating the unification of measurement standards across regions, addressing long-standing issues in the physical wood market [3] - The introduction of intelligent inspection equipment has increased the efficiency of wood measurement by over five times, enhancing the operational efficiency of wood trading [3] Group 4: Future Developments - The Dalian Commodity Exchange plans to enhance market openness and facilitate foreign participation, aiming to strengthen China's pricing power in the international wood market [4] - Continuous optimization of contract rules and delivery processes is expected to improve industry participation and support the high-quality development of the original wood spot market [4]
大商所组织召开原木期货座谈会
Qi Huo Ri Bao Wang·2025-07-15 17:54