广西铝交易中心负责人表示，企业可通过此次合作上线的广西铝交易中心报价专区集中发布产品信息与 报价，自主协商达成交易，并在广西铝交易中心完成结算与交收流程。依托上期所的市场影响力，企业 可以扩大销售半径，将交易对象的辐射范围拓展至全国。该专区同时也衔接了区域现货市场与上期所的 铝期货、氧化铝期货、铸造铝合金期货市场，企业在广西铝交易中心报价时，可参考期货市场价格，为 企业开展期现联动业务提供了更好支持。 11月21日，上期所上期综合业务平台上线广西铝交易中心报价专区。上线初期，报价品种包括氧化铝、 铝锭、铝棒和铸造铝合金，报价品种指定交收库为广东中储晟世照邦物流等8家交收仓库和广西百矿铝 业等6家交收厂库，覆盖南宁、百色、崇左、来宾等广西主要铝型材产区，报价方式包含全价报价和基 差报价。 据期货日报记者了解，广西是全国铝型材的重要生产基地，铝材产量位居全国前列，目前已经形成"铝 土矿—氧化铝—电解铝—铝加工—再生铝"的全产业链。为满足当地铝行业企业在拓展购销渠道、实物 交收渠道以及使用衍生工具进行定价和风险管理方面的需求，广西铝产品仓储交易中心（简称广西铝交 易中心）于2022年获批成立，成为该地区首家铝产品类 ...

秉持原则底线，确保市场平稳有序运行。华源期货将合规风控视为立足发展的根基，通过开展金融知识 下乡、反诈宣传等活动，筑牢投资者保护屏障。严格遵循监管要求，完善全流程风险管理制度，以科技 赋能与制度建设为双轮驱动，切实防范系统性风险的发生。 在新的发展征程中，华源期货将持续深入推进党建与业务的融合，凭借数字化转型推动服务升级，在服 务实体经济、助力乡村振兴的道路上坚定前行，为期货行业的高质量发展注入源源不断的动力。 深耕实体经济，践行金融使命。华源期货紧密贴合国家战略需求，在绿色金融领域积极进行布局，对接 再生金属期货等创新品类，助力产业链企业实现"双碳"目标。在乡村振兴工作方面，其一，通过消费帮 扶举措，采购沙县黄溪坑村椴木香菇等农产品，推动农户增收；其二，在汾西、隰县等地实施庭院经济 培育、灌溉设施修缮等产业帮扶项目，以"期货 + 产业"模式激发乡村发展的活力。 依托科技赋能，升级服务生态。华源期货与专业技术团队开展合作，搭建微信生态协同服务体系，整合 十六项智能业务通知功能，经由公众号、小程序矩阵达成交易、资讯、投资者教育全场景覆盖。与此同 时，探索人工智能大模型在投研分析与风险预警领域的应用，推动"期现一 ...

Core Insights - The development of fuel oil futures and low-sulfur fuel oil futures markets has been steady, with effective risk management and price reference tools provided for the shipping fuel industry [1][3] - The launch of the high-sulfur 380CST fuel oil "China Zhoushan Fuel Oil Bonded Ship Supply Buyer Quotation" enhances the integrated pricing system based on futures [1][3] Market Developments - Since 2021, the Shanghai Futures Exchange and Shanghai International Energy Exchange have introduced various quotations based on high and low sulfur fuel oil futures settlement prices, providing significant reference prices for domestic and international shipping fuel markets [2][3] - The introduction of the "Price Of Zhejiang ZME" system allows enterprises to sign spot transaction intentions based on futures-based low-sulfur fuel oil quotations [2] Pricing Mechanism - The newly released high-sulfur buyer quotation is based on the Shanghai Futures Exchange fuel oil futures prices, processed daily by Zhejiang Dazhong, providing a unified premium/discount price [3] - The launch of the high-sulfur buyer quotation and the POZZ system will enhance the efficiency of using RMB premium/discount quotations in the shipping fuel industry [3] Future Outlook - The Shanghai Futures Exchange and Zhejiang Dazhong will continue to collaborate to support the construction of the Zhejiang Free Trade Pilot Zone and the Yangtze River Delta integrated oil and gas trading market [3] - The focus will be on promoting high-quality and sustainable development of the shipping fuel industry, contributing to the high-quality development of the Yangtze River Delta integration [3]

Core Viewpoint - Zhoushan is emerging as a significant hub for the commodity trading industry, leveraging national strategies to enhance its oil and gas industry and expand into various commodities, marking a historic opportunity for open development [1][2]. Group 1: Development of Commodity Trading Center - The establishment of the "Zhejiang International Commodity Trading Center" aims to expand the oil and gas industry experience into other commodities such as iron ore, non-ferrous metals, and agricultural products [1]. - The Zhoushan government has outlined a clear action plan to support the construction of the commodity trading center, focusing on enhancing trading platform capabilities and price influence [1][4]. - The integration of various trading platforms under the Zhejiang International Commodity Trading Center is a crucial step towards building a modern commodity circulation system in Zhejiang Province [2]. Group 2: Price Index and Market Influence - "Zhoushan Price" has become a significant price index for low-sulfur fuel oil, breaking the monopoly of overseas markets and enhancing its global market presence [3]. - The Zhejiang International Oil and Gas Trading Center has launched several price guidance products and indices to improve the influence of the Zhoushan Price, including the "Zhoushan Biodiesel Storage Comprehensive Price" [3]. - The trading center has facilitated transactions worth approximately 88.3 million yuan through its price window system, indicating a growing market activity [3]. Group 3: Policy Support and Future Plans - The Zhoushan government has been actively developing policies to support the integration of commodity trading and has proposed various measures to enhance the trading center's capabilities [4]. - Future plans include further integration of trading platforms, enhancing trading varieties, and optimizing trading models to increase transaction scale and price influence [4]. - The government aims to create a better business environment to attract various market participants and promote trade aggregation [4].

Core Viewpoint - The "Nansha Financial 30 Measures" aims to enhance financial support for the Nansha area, positioning it as a key node in the Guangdong-Hong Kong-Macao Greater Bay Area's high-quality development and international financial hub [1][2]. Group 1: Financial Support Measures - The measures are structured around seven dimensions, including improving financial services for innovation and entrepreneurship, enhancing financial services in social welfare, developing specialized financial services, promoting cross-border financial cooperation, and ensuring supportive measures [2][3]. - The initiative is a strategic deployment to accelerate the construction of major cooperation platforms in the Greater Bay Area, aligning with the "Greater Bay Area Development Plan Outline" [2]. Group 2: Innovation and Entrepreneurship - A primary focus is on enhancing financial services for innovation and entrepreneurship, supporting the construction of technology innovation industrial cooperation bases [3]. - Specific measures include supporting financial institutions in innovating bill discount products and increasing financing support for eligible enterprises [3]. Group 3: Cross-Border Financial Services - The plan emphasizes the development of cross-border asset management centers and encourages the use of RMB for international shipping fees [4][5]. - It aims to facilitate cross-border payment services and credit financing, including expanding the range of banks for Hong Kong and Macao residents to open accounts [7]. Group 4: Commodity Futures and Insurance - The establishment of a commodity futures delivery center is proposed to enhance the integration of spot and futures markets, contributing to the pricing power of commodities [6]. - The measures also include the development of cross-border insurance products tailored for residents in the Nansha area [6].

Core Viewpoint - The article emphasizes the importance of the real economy as a foundation for national economic stability, highlighting the challenges and opportunities it faces due to fluctuating raw material prices and market imbalances. It presents Ruida Futures as a leading financial service institution that supports various industries through a comprehensive service model focused on "industry research + risk management + futures-spot coordination" [1]. Group 1: Industry Research and Risk Management - Ruida Futures adheres to a service philosophy rooted in industry needs, actively providing strategies to mitigate risks associated with commodity price volatility. For instance, it helped a cold-rolled processing company manage its 20,000 tons of steel inventory by identifying price exposure based on historical data [2]. - The company has established a "data + research + service" think tank system to enhance its service to the real economy, offering standardized services like market analysis and tailored consulting to help clients manage risks and optimize inventory [2][3]. - Ruida Futures has developed an intelligent research platform that integrates extensive historical data, providing clients with multi-dimensional market forecasts and decision-making support [3]. Group 2: Innovative Risk Management Solutions - The company recognizes the challenges faced by small and medium-sized enterprises in risk management, offering innovative derivative tools to address these issues. For example, it implemented a "strangle option" strategy for a cold-rolled processing client, which not only hedged against price declines but also created additional profit opportunities [4]. - Ruida Futures designed a "futures inventory replacement" plan for a lead mine in Southwest China, allowing the client to convert physical inventory into futures contracts, thus reducing costs and managing price risks effectively [4][5]. Group 3: Integrated Futures and Spot Market Solutions - In the context of building a unified national market, Ruida Futures promotes efficiency in the industrial chain through a service model that combines inventory management, basis pricing, and cross-market collaboration [7]. - The company assists clients in optimizing inventory levels by leveraging futures market price signals, helping them avoid excess inventory or shortages that could lead to increased costs [7]. - Ruida Futures collaborates closely with its subsidiary, Ruida New Control, to provide customized basis pricing solutions, enabling clients to manage price risks effectively and enhance their operational efficiency [8]. Group 4: Future Outlook - Looking ahead, Ruida Futures aims to continue innovating its service models and deepening its service offerings, particularly by leveraging big data and artificial intelligence to improve price discovery and hedging accuracy [9]. - The company plans to increase its service investments in emerging industries such as new energy and new materials, contributing to the transformation and upgrading of the real economy [9].