期货衍生品再迎新！境内首批月均价期货将上市

Group 1 - The China Securities Regulatory Commission has approved the registration of monthly average price futures for linear low-density polyethylene, polyvinyl chloride, and polypropylene at the Dalian Commodity Exchange, marking the first cash-settled futures in the domestic commodity futures market [1] - The newly introduced monthly average price futures will use the arithmetic average price of the underlying assets over a month as the settlement basis, providing a risk management tool for industries that require stable long-term procurement prices [2][3] - The contract rules for these futures are designed to meet the industry's need for monthly average price trading while considering market risk prevention, enhancing price stability and fairness [2][3] Group 2 - The introduction of these futures is expected to enrich the product structure of China's futures market, stimulate market vitality and innovation potential, and improve the resilience of supply chains in the industry [3] - The three chemical products are significant in the plastic chemical sector, with China being a major producer and consumer, facing frequent price fluctuations due to various market factors [3] - Companies have expressed that the monthly average price feature will provide a more direct and precise risk management tool for average price trading, enhancing overall risk control strategies and operational stability [4]