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多家产业链企业积极参与 纯苯期货平稳启航
Jin Rong Shi Bao·2025-08-08 08:00

Core Viewpoint - The launch of pure benzene futures and options on July 8 at the Dalian Commodity Exchange is expected to provide essential risk management tools for companies in the industry, enhancing price stability and transparency in the market [1][2][3]. Industry Overview - China is the world's largest producer, consumer, and importer of pure benzene, with a production capacity of 32.34 million tons and a consumption volume of 29.26 million tons in 2024, accounting for 39% and 43% of global totals, respectively [2]. - The industry has faced challenges with profit transmission and price volatility, leading to a pressing need for effective risk management tools [2][3]. Market Dynamics - The introduction of pure benzene futures and options is anticipated to improve price risk management capabilities for companies, allowing them to lock in purchase or sale prices and mitigate the impact of price fluctuations [3][4]. - The first day of trading saw active participation from major industry players, indicating strong market interest and confidence in the new financial instruments [4][5]. Trading Performance - On the first day of trading, four contracts were launched, with a total transaction volume of 26,900 lots and a transaction value of 4.788 billion yuan, reflecting a stable market performance [7]. - The main contract closed at 5,931 yuan per ton, showing a slight increase of 0.53% from the initial listing price [7]. Future Outlook - Industry experts believe that the futures market will enhance the pricing influence of China in the international market, contributing to a more transparent pricing mechanism for pure benzene [3][8]. - As more companies engage with the futures market, liquidity is expected to improve, further solidifying the market's role in risk management and price discovery [8].