"The continuous price increase of Dr. Copper has led to a surge in hedging activities, and the option strategy of manufacturing enterprises has proven effective."

Since the beginning of this year, the price of "Dr. Copper" has been continuously rising. Currently, Shanghai copper futures have surpassed 86,000 yuan/ton, reaching a near-year high. The price fluctuations of this important industrial raw material are affecting the sensitive nerves of downstream manufacturing enterprises. A recent investigation in Wenzhou, Zhejiang Province found that in the face of copper price fluctuations, a group of manufacturing enterprises are using flexible hedging strategies to transform the risk of price fluctuations into actual cost reduction and efficiency improvement. Taking Chint Electric as an example, this leading low-voltage electrical enterprise uses options tools to achieve hundreds of million yuan of premium income in a single quarter, effectively hedging the pressure of rising raw material prices.