Rubber covering domestic and overseas international influence increases

Natural rubber is an important strategic material and industrial raw material in China.

Since natural rubber futures were listed on the Shanghai Futures Exchange in 1999, after more than 20 years of development, natural rubber derivatives have formed a complete product sequence, covering natural rubber futures, No.

The price of natural rubber futures has become the benchmark for industry trade pricing

Judging from the current market operation, firstly, the trading volume of natural rubber futures on the Shanghai Futures Exchange has ranked first in the global rubber futures market, providing ample liquidity for hedging the natural rubber industry; secondly, the correlation coefficient between natural rubber futures prices and the domestic spot market High, which reflects the changes in market supply and demand in a timely manner, and has become the main pricing reference benchmark for domestic spot rubber trade.

In terms of service industry chain enterprises, domestic production enterprises represented by Nongken choose to discover prices and lock in profits through the futures market, and have achieved significant gains in managing capital risks and guiding business operations; rubber products represented by tire factories and tape factories By participating in hedging in the futures market, companies have effectively avoided the risks caused by fluctuations in raw material prices and enhanced their viability and market competitiveness.

Taking steps towards internationalization, service companies "go out"

One year since the listing of No.

It can be said that No.

Assist in poverty alleviation and in-depth service market demand

At the same time, the Shanghai Futures Exchange is adhering to the development strategy of "one main body and two wings", continuously enriching the product level of the natural rubber derivatives market, and expanding the depth and breadth of the natural rubber derivatives market serving the real economy

As the world's first natural rubber on-site option product, the domestic natural rubber option was officially launched on the Shanghai Futures Exchange on January 28, 2019.

After the launch of natural rubber options on the Shanghai Futures Exchange, the market has been operating smoothly and the industry has participated extensively