Китай. Торги опционами на рапсовое масло на Чжэнчжоуской товарной биржи начнуться 26 августа

Published 2022년 8월 24일

Tridge summary

The China Securities Regulatory Commission has given approval for the Zhengzhou Commodity Exchange (ZCE) to begin trading options for rapeseed oil and peanuts from August 26, 2022. This move is expected to provide more diverse and flexible risk management tools for market participants, aligning with the government's efforts to increase oil production capacity. The ZCE has a comprehensive system of options contract rules, including for sugar, cotton, PTA, methanol, rapeseed meal, and steam coal. The options for rapeseed oil and peanuts will be traded in units of the underlying futures contract, with a minimum price change of 0.5 yuan/ton and the same price limit range as the underlying futures contract.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On August 19, the China Securities Regulatory Commission announced the approval of the Zhengzhou Commodity Exchange (hereinafter “ZCE”) to trade options for rapeseed oil and peanuts from August 26, 2022. Market participants believe that the listed rapeseed oil and peanut options can create synergies with existing varieties of futures options, provide more abundant, improved and flexible risk management tools, and help better serve the stable operation of enterprises and the quality development of the industry. Oil and fat security is an important part of national food security and an overall important strategic issue related to China's economic development and social stability. Peanut is the most self-sufficient mass oil crop in China. Rapeseed oil is the second largest vegetable oil grade in China in terms of consumption and imports and is an important part of the oil and fat sector. The Central Document No. 1 of 2022 clearly states that a number of measures need to be taken to ...

Source: Oilworld