Core Viewpoint - The training program aims to enhance the service capabilities of futures practitioners in the Qingdao and Shandong regions, supporting the high-quality development of key industries through improved integration of futures markets with the real economy [1][3]. Group 1: Training Program Overview - The DCE, in collaboration with the Qingdao Securities and Futures Industry Association, successfully held a training session on June 13, attended by over a hundred futures practitioners and representatives from seven industrial companies [1]. - The training is part of a broader initiative by DCE to strengthen regional industry cultivation and practitioner training, focusing on local economic needs such as oilseeds, steel raw materials, and chemical industries [1][2]. Group 2: Training Content and Insights - DCE personnel provided detailed explanations of current futures products like oilseeds and iron ore, as well as new products such as pure benzene futures and options, enhancing practitioners' understanding of relevant rules and systems [2]. - Practical experiences were shared by industry leaders, including innovative models for providing "insurance + futures" services to agricultural producers and livestock enterprises, showcasing the application of DCE's futures products [2]. - The training emphasized the importance of futures and derivatives in managing price risks, stabilizing operations, and optimizing resource allocation in the current complex economic environment [3].

Group 1: Market Expansion and New Products - The pace of new product listings in China's futures market is accelerating, with a total of 146 futures and options products launched by mid-May 2025, covering various sectors including agriculture, metals, energy, chemicals, and finance [1][7] - The first recycled metal product, casting aluminum alloy futures and options, will be listed on June 10, 2025, marking a significant addition to the futures market [2][3] - The introduction of casting aluminum alloy futures and options is expected to enhance risk management tools for enterprises, particularly in the context of the growing demand from the new energy vehicle industry [2][3] Group 2: Chemical Derivatives Development - The chemical derivatives sector is also expanding, with the Dalian Commodity Exchange seeking public opinion on futures and options for pure benzene, a key organic chemical raw material [4][6] - The volatility in the pure benzene market, with prices dropping from 7780 yuan/ton to 5375 yuan/ton (a 31% decrease), has increased the demand for risk management tools among enterprises [4] - The Zhengzhou Commodity Exchange is also seeking opinions on futures and options for propylene, which is crucial for various industries, indicating a broader trend of developing risk management tools in the chemical sector [5][6] Group 3: Market Resilience and Growth - The Chinese futures market has shown resilience, with a significant increase in trading volume and value in the first four months of 2025, with a total trading volume of 2.658 billion contracts and a trading value of 23.22 trillion yuan, representing year-on-year growth of 22.19% and 28.36% respectively [8] - The total funds in the futures market reached approximately 1.69 trillion yuan by April 11, 2025, reflecting a 3.9% increase from the end of 2024, indicating a robust market environment [8] - The continuous expansion of the futures and options matrix is expected to provide more risk management tools for enterprises across various industries, facilitating personalized and refined risk management [8]