Group 1 - The Dalian Commodity Exchange (DCE) successfully completed its first cash settlement for linear low-density polyethylene, polyvinyl chloride, and polypropylene monthly average price futures contracts, marking a significant milestone in its operations [1][2] - As of January 30, the monthly average price futures for these chemical products have been running for 66 trading days, with average daily trading volumes of 5,015 contracts for linear low-density polyethylene, 4,558 for polyvinyl chloride, and 3,398 for polypropylene [1] - The cash settlement volumes on the expiration day for the contracts were 46 contracts for L2602F, 400 for V2602F, and 6 for PP2602F, indicating active participation from leading industry players such as Yong'an Guoyou Energy Co., Ltd. and Qiancheng Petrochemical Co., Ltd. [1] Group 2 - The monthly average price futures contracts are designed to meet the industry's demand for risk management tools, allowing for cash settlement based on the arithmetic average of the futures settlement prices [2] - Yong'an Guoyou's chairman emphasized the importance of managing price volatility risks and noted that the new futures contracts align well with their operational and risk management needs, enabling them to lock in PVC monthly average prices [2] - Qiancheng Petrochemical's research director highlighted the efficiency and simplicity of the monthly average price futures, which cater to their clients' pricing models and improve hedging operations [2] Group 3 - The successful cash settlement of these futures contracts represents an important achievement in aligning the futures market with industry needs and innovating service models [2] - The DCE aims to enhance the international influence of China's bulk commodity prices and strengthen the resilience of supply chains through ongoing product and mechanism innovations [2]

Group 1 - The Dalian Commodity Exchange successfully completed its first cash settlement for linear low-density polyethylene, polyvinyl chloride, and polypropylene monthly average price futures contracts on January 30, marking a significant milestone in its operations [1] - As of January 30, the average daily trading volumes for the three futures contracts were 5,015 lots for linear low-density polyethylene, 4,558 lots for polyvinyl chloride, and 3,398 lots for polypropylene, with average open interest at 6,232 lots, 5,489 lots, and 5,411 lots respectively [1] - The cash settlement volumes on the expiration date were 46 lots for L2602F, 400 lots for V2602F, and 6 lots for PP2602F, indicating active participation from leading industry players such as Yong'an Guoyou and Qiancheng Petrochemical [1] Group 2 - The introduction of monthly average price futures by the Dalian Commodity Exchange addresses the need for stable long-term procurement prices and precise risk management tools for industry enterprises, which are facing frequent price fluctuations in the plastic chemical sector [2] - Yong'an Guoyou's chairman emphasized the importance of managing commodity price volatility and highlighted that the new futures contracts effectively meet their operational and risk management needs, allowing them to lock in PVC average prices and mitigate operational risks [2] - Qiancheng Petrochemical's research supervisor praised the monthly average price futures for aligning with their clients' pricing habits and simplifying the hedging process, which enhances their supply chain services [2] Group 3 - The Dalian Commodity Exchange plans to leverage the experience gained from this cash settlement to continue product and mechanism innovation, aiming to enhance the international influence of China's bulk commodity prices and provide stronger financial support for supply chain resilience [3]

大连商品交易所三个化工品月均价期货首次现金交割顺利完成 中新网大连2月3日电(记者 杨毅)大连商品交易所(下称"大商所")3日发布消息称，线型低密度聚乙烯、聚 氯乙烯、聚丙烯月均价期货L2602F、V2602F、PP2602F合约近日到期交割，标志着大商所首次期货现 金交割顺利完成。 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 此次大商所推出的三个化工品月均价期货，以对应品种期货结算价的月算术平均值为交割结算依据，通 过现金交割了结到期未平仓合约，精准匹配了产业均价贸易的风险管理需求。同时，其采用的现金交割 方式无需涉及实物交收，为产业企业提供了更灵活、更丰富的风险管理选择。 大商所相关业务负责人表示，三个化工品月均价期货首次现金交割的顺利开展，是期货市场紧扣产业需 求、创新服务模式的重要成果。三个化工品月均价期货与现有实物交割期货形成"互补共进"的格局，共 同构建了更完善的化工衍生品生态。(完) 来源：中国新闻网 编辑：万可义 广告等商务合作， ...