提高期货工具运用能力 推动聚酯产业企业“出海”

Core Viewpoint - The development of the polyester industry chain relies heavily on the support of futures tools, which enhance price discovery and risk management capabilities for enterprises in the sector [2][3]. Group 1: Development of Polyester Futures Market - The first chemical futures product, PTA futures, was launched in 2006 at Zhengzhou Commodity Exchange, providing essential risk management tools for the polyester industry [3]. - Zhengzhou Commodity Exchange has successfully launched eight futures and options products, including PTA, short fiber, PX, and bottle chips, creating a comprehensive risk management toolset for the polyester industry [4]. - The overall market operation of polyester futures has been stable, effectively guiding production planning, managing price volatility risks, and stabilizing operations for enterprises [3][4]. Group 2: Internationalization and Market Participation - As of July 2025, there are 760 foreign clients from over 30 countries and regions participating in the Chinese futures market, indicating strong international trust and engagement [7]. - The introduction of a delivery system for PTA export-type vehicles and the optimization of hedging mechanisms have enhanced the ability of domestic enterprises to manage risks and stabilize profits [4][5]. - The integration of futures tools into daily operations of polyester enterprises has improved their operational resilience and competitiveness in the global market [10]. Group 3: Future Directions and Strategies - Zhengzhou Commodity Exchange plans to refine existing products, expand international openness, and enhance industry services to further support the manufacturing sector [5]. - The exchange aims to deepen collaboration with industry stakeholders to better understand and address the operational challenges faced by enterprises [5]. - Continuous monitoring and regulation of market operations will be emphasized to ensure stable functioning of the futures market [5].