Core Insights - The successful completion of the LG2507 futures contract's delivery marks a significant milestone for the original wood futures market, validating the contract rules and regulatory framework [1] - The contract operated for 169 trading days, with a total trading volume of 4.34 million lots and a transaction value of 321.33 billion yuan [1] Delivery Details - In July, 1,281 lots were paired and delivered, including 1,230 lots through rolling delivery and 51 lots through one-time delivery, equivalent to 115,290 cubic meters of original wood [2] - The delivery settlement price ranged from 801 yuan to 828.5 yuan per cubic meter, totaling approximately 9.53 million yuan [2] - The delivery involved 769 lots via truck delivery and 512 lots through standard warehouse receipts, engaging multiple buyers and sellers without any delivery defaults [2] Industry Response - Shandong Tengnuo Wood Industry Co., Ltd. has proactively stocked up for the peak season, completing 60 lots of delivery, and noted a rise in market prices for original wood [3] - The company highlighted that the futures market provides a new procurement channel and a tool for hedging against rising raw material prices, enhancing factory yield and profit margins [3] - Jiangsu Huihong International Group utilized the LG2507 contract for sell hedging, completing 85 lots of delivery, which helped stabilize their revenue curve [4] Operational Efficiency - Taicang Xinhai Port Development Co., Ltd. completed 425 lots of delivery, implementing a coordinated approach to ensure smooth operations during the delivery process [5] - The company achieved an average delivery efficiency of 20 minutes per lot, even during high-temperature conditions, earning customer recognition [5] Quality Assurance - Zhongli Inspection Co., Ltd. emphasized the rigorous quality standards and processes in the original wood futures delivery, promoting transparency and trust between buyers and sellers [6] - The introduction of digital and intelligent inspection methods has enhanced the objectivity and traceability of quality assessments, supporting the standardization and efficiency of trade [6] - Market participants noted a strong willingness among industry clients to engage in delivery, prompting the Dalian Commodity Exchange to enhance services and training to ensure smooth delivery operations [6]
原木期货首个合约完成交割
Jin Rong Shi Bao·2025-08-14 02:21