财经深一度|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][3] - Monthly average price futures are based on the arithmetic average price of the underlying asset over a month, providing a new risk management tool for industries that require stable long-term procurement prices [3][4] - The design of the contract rules for these futures meets the industry's need for risk management while considering market risk prevention, enhancing price fairness and stability [3][4] Group 2 - The introduction of these futures is significant for improving the product structure of China's futures market, enriching derivative supply, and enhancing the resilience of supply chains [4] - The three chemical products are crucial in the plastic chemical industry, with China being a major producer and consumer, facing frequent price fluctuations due to various market factors [4] - Companies have expressed a need for more stable pricing mechanisms, as current point pricing methods are less effective in managing risks associated with price volatility [4][5] Group 3 - The launch of monthly average price futures will provide a more direct and precise risk management tool for companies engaged in average price trading, improving overall risk control strategies and operational stability [5]