Core Viewpoint - The launch of the China Securities Energy and Chemical Industry Index series fills a gap in the domestic authoritative commodity index system and promotes the development of off-exchange derivatives in the commodity sector [1][4]. Group 1: Index Characteristics - The index series includes the China Securities Energy and Chemical Industry Futures Index, the China Securities Energy Chemical Finished Product Futures Index, and the China Securities Organic Chemical Product Futures Index, designed to meet diverse needs [2]. - The indices focus on different segments: the finished product index targets downstream products like fuel oil and polypropylene, the industry index covers the entire supply chain including crude oil and thermal coal, and the organic chemical index emphasizes high-value organic chemicals [2][3]. Group 2: Economic Impact and Usage - The index series is closely linked to macroeconomic factors and is highly correlated with the Producer Price Index (PPI), serving as a "barometer" for economic trends [3]. - Manufacturing companies can use the index to anticipate changes in raw material costs and adjust procurement and pricing strategies accordingly [3]. Group 3: Investment Opportunities - The index series provides a foundation for developing specialized energy and chemical-themed ETFs, enhancing the diversity of commodity index fund products in China [3][4]. - Financial institutions can create various products linked to the index, such as commodity futures index ETFs, structured deposits, and public fund of funds (FOF) to meet diverse investor needs [4].

Core Viewpoint - The launch of the China Securities Index Company's first sector-based commodity futures index series, the China Securities Energy and Chemical Industry Futures Index Series, aims to enhance the innovation of commodity index products and meet the diverse asset allocation needs of investors while strengthening China's international pricing power in the commodity sector [1][2]. Group 1: Index Overview - The China Securities Energy and Chemical Industry Futures Index Series consists of three indices: the China Securities Energy and Chemical Industry Futures Price/ Futures Index, the China Securities Energy and Chemical Product Futures Price/ Futures Index, and the China Securities Organic Chemical Product Futures Price/ Futures Index [1][2]. - These indices are designed to objectively reflect the overall price trends and industrial cycle changes of the domestic energy and chemical industry and its sub-sectors [2]. Group 2: Industry Impact - The introduction of the series signifies an expansion of China's commodity index system, providing investors with asset allocation tools that are more aligned with actual industrial developments [2][3]. - The indices are expected to serve as leading indicators for macroeconomic metrics, offering predictive insights into economic conditions and aiding macroeconomic management [3]. Group 3: Functionality and Innovation - The commodity indices will enhance price discovery and risk management functions, acting as a crucial link between the real economy and financial markets [4]. - The transparent compilation and publication mechanisms of the indices will enable investors to better understand market dynamics, facilitating informed investment decisions [4][5]. Group 4: Research and Development Enhancement - The development of the energy and chemical series indices is anticipated to elevate the research and analytical capabilities within the futures market, bridging gaps between different segments of the energy and chemical markets [5].