Coke futures are about to be listed. Industrial enterprises are building a three-dimensional risk management system.

According to the China Securities Journal, since the listing of coking coal futures on the Dalian Commodity Exchange in 2013, this variety has been running smoothly with good market liquidity, and has become an important tool for coal, coke, and steel industry chain enterprises to manage price risks. Based on the continuous maturation of the futures market, coking coal options will officially be listed on the Dalian Commodity Exchange on January 16. For coal, coke, and steel industry chain enterprises, this means that the risk management system will enter a new development stage. With the increasing fluctuations in coking coal prices, the demand for industrial enterprises to conduct refined risk management using derivative tools is becoming increasingly strong. Many enterprises have accumulated rich experience in the use of coking coal futures and have formulated clear application plans for the upcoming options tools. Industry insiders believe that the coordinated development of futures and options will provide more comprehensive risk management solutions for the coal, coke, and steel industry chain.