上期所鲁东升:聚力“三优一强”助力能源产业转型
Xin Hua Cai Jing·2025-11-08 11:58

Core Viewpoint - The Shanghai Futures Exchange (SHFE) is accelerating the formation of a low-carbon energy consumption transformation in China, positioning itself as a crucial financial infrastructure to support stable operations of energy enterprises and facilitate the green upgrade of the energy industry [1][2]. Group 1: Product Development - SHFE has established a comprehensive range of products in traditional energy, including crude oil, fuel oil, and asphalt futures and options, while also accelerating the development of liquefied natural gas futures and options to support the clean and efficient energy industry and achieve carbon neutrality goals [1][2]. - The exchange has included all energy varieties in the Qualified Foreign Institutional Investor (QFII) trading scope, broadening the participation pathways for foreign investors [1]. Group 2: Market Participation - The internationalization of crude oil futures has seen participation from investors across over 30 countries and regions, including various types of enterprises such as traders and transportation companies, effectively managing price risks in multiple scenarios [2]. Group 3: Market Integration and Stability - SHFE is enhancing its services for oil and gas enterprises through targeted promotional activities, with the number of listed companies announcing hedging plans increasing from 34 in 2020 to 63 in 2024 [2]. - The exchange is deepening cooperation with spot oil and gas trading hubs to integrate futures prices into actual trading scenarios, creating a pricing system that aligns with trading habits [2]. - SHFE is focused on strengthening regulation and risk prevention to maintain a stable market environment, having withstood various extreme market conditions and providing rational price signals to global clients [2]. Group 4: Future Goals - SHFE aims to become a world-class exchange by optimizing products, prices, and services while reinforcing regulatory frameworks to better serve the national energy strategy [3].