Core Viewpoint - The launch of futures and options for various commodities, including offset printing paper, fuel oil, asphalt, and pulp, on the Shanghai Futures Exchange marks a significant development in providing risk management tools for the related industries and enhancing market participation from both domestic and foreign investors [1][2][5]. Group 1: Market Performance - On September 10, the first trading day for the newly listed offset printing paper futures saw a total of 21,900 contracts traded, amounting to 3.703 billion yuan, with an open interest of 2,900 contracts [3]. - The benchmark price for the offset printing paper futures was set at 4,218 yuan/ton, with the main contract closing at 4,208 yuan/ton, reflecting a slight decrease of 10 yuan/ton or 0.24% from the benchmark [3]. - Other newly listed options, including fuel oil, asphalt, and pulp, also demonstrated strong trading performance on their first day, with notable volumes and open interest across various contracts [3]. Group 2: Participation from Industry and Foreign Investors - The new products attracted participation from a diverse range of industry clients and foreign institutions, including major paper producers and trading companies [4]. - Notable participants included Shandong Huatai Paper Co., Ltd. and Xiamen Jianfa Pulp and Paper Group, along with several foreign market makers, indicating a robust interest in the new derivatives [4]. Group 3: Empowering the Real Economy - The introduction of these new futures and options is seen as a timely move to provide essential financial tools for the paper industry, which is a critical component of China's light industry [5]. - The expected production of paper and paperboard in 2024 is projected to reach 136 million tons, maintaining China's position as the world's largest producer and consumer of paper [5]. - The launch is anticipated to enhance the risk management capabilities of companies in the cultural paper sector, promote green transformation, and improve the international competitiveness of China's paper industry [5][6].
这些新品种在上期所挂牌!产业和外资客户都来了
券商中国·2025-09-10 11:00