Core Viewpoint - The Guangzhou Futures Exchange has revised the business rules for lithium carbonate futures and options, aligning quality standards with the latest industry benchmarks to enhance market efficiency and risk management capabilities [1][2][3]. Group 1: Regulatory Changes - The revision of the rules references the new battery-grade lithium carbonate industry standard YS/T 582-2023, updating the quality standards for the benchmark delivery product [2]. - The quality standards for the benchmark delivery product have been tightened, including reductions in allowable levels of magnetic substances, moisture content, sodium, magnesium, calcium, nickel, boron, and adjustments to particle size [2][3]. - The term "exempt delivery brands" has been changed to "registered brands" in the rules, aligning with the terminology used in the Futures Exchange's brand management regulations without altering substantive content [3]. Group 2: Industry Context - The original battery-grade lithium carbonate standard was established in 2013, and the new standard categorizes lithium carbonate into three grades (D1, D2, D3) based on different applications, reflecting market demands [3]. - Since the launch of lithium carbonate futures in July 2023, the market has stabilized, providing price references and risk management tools for enterprises [4]. - The adjustment of quality requirements for benchmark delivery products aligns with industry trends, enhancing the representativeness of futures prices and improving the effectiveness of futures in serving the real economy [5].
锚定产业需求,碳酸锂期货基准交割品指标升级!服务实体效能再提升
Qi Huo Ri Bao Wang·2025-12-12 09:09