郑商所启动新年度“商储无忧”项目备案

Core Viewpoint - The Zhengzhou Commodity Exchange (ZCE) has launched the "Commercial Storage Worry-Free" project for the 2025-2026 period to enhance fertilizer supply stability and support risk management for enterprises involved in national and provincial fertilizer reserves [1][2]. Group 1: Project Overview - The "Commercial Storage Worry-Free" project aims to assist enterprises in managing risks associated with fertilizer storage through market-based methods, specifically utilizing urea futures and options [1][2]. - The project has been operational for five years, providing risk management support for 495,000 tons of urea across 54 storage enterprises in 23 provinces and regions [1][3]. - The new project period is set from October 1, 2025, to June 30, 2026, with service fees for futures companies based on the costs incurred during risk management [2]. Group 2: Historical Context and Achievements - The previous "Commercial Storage Worry-Free" project for 2024-2025 concluded successfully, with 46 projects operating compliantly and 44 storage enterprises effectively mitigating market risks through hedging [2]. - The project has been recognized as a benchmark case for the futures market in supporting national commodity reserves, particularly in the context of urea, which is crucial for food security [3].