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    Home > Chemicals Industry > China Chemical > Resolving market risks with the help of "futures power" - a documentary of Zhongyuan Futures Co., Ltd.'s deep cultivation of the chemical industry chain

    Resolving market risks with the help of "futures power" - a documentary of Zhongyuan Futures Co., Ltd.'s deep cultivation of the chemical industry chain

    • Last Update: 2022-02-19
    • Source: Internet
    • Author: User
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    "In 2021, international commodity prices will fluctuate wildly, and more and more chemical companies choose to use financial instruments such as futures options to manage corporate risks and guide production and operation


    The innovative service system is close to the chemical industry

     The innovative service system is close to the chemical industry The innovative service system is close to the chemical industry

    "With the development of the situation, how the futures market can extend and cover agriculture, energy, chemical industry and other fields, and provide enterprises with rich financial management tools, has always been the direction of our continuous exploration and efforts


    It is understood that there are currently more than 1,300 chemical enterprises above designated size in Henan Province, with a scale output value of 400 billion yuan, ranking fifth in the country in terms of comprehensive strength


    In May 2019, Zhongyuan Futures signed a comprehensive strategic cooperation agreement with Henan Petroleum and Chemical Industry Association, which opened the prelude for the futures market to enter Henan's chemical industry


    Resolving difficulties with the help of futures tool companies

     Relief and solve problems with the help of futures tool companies Relief and solve problems with the help of futures tool companies

    "We give full play to our respective advantages, actively promote the application of enterprises and futures tools under the knowledge of futures, help Henan chemical enterprises to enrich their management concepts and management methods, and effectively improve their risk management and control capabilities


    In actual work, Zhongyuan Futures organizes a professional working group to hold nearly 100 special training sessions on futures fundamentals, futures hedging operation theory, and futures risk management for chemical enterprises in Henan Province every year.


    Play a demonstration role, chemical enterprises "break the cocoon into a butterfly"

     Play a demonstration role for chemical enterprises to "break the cocoon into a butterfly"

    "In practical work, we focus on the role of demonstration and leadership, helping enterprises to use futures for risk management and improving the level of market-oriented management


      A urea enterprise in Henan is actively exploring a new mode of combining futures delivery factories and warehouses to open up new sales channels


      There is also a soda ash enterprise in Henan successfully avoiding price risk by using futures to buy hedging


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