SHFE: Agreed "Qi Yuan Rubber" Brand Butadiene Rubber to become eligible for delivery for butadiene rubber futures.
On April 24th, the Shanghai Futures Exchange announced its approval of "Qiyuan Rubber" brand butadiene rubber produced by Heze Kexin Chemical Co., Ltd. to become a deliverable product for butadiene rubber futures on the exchange. Recently, the Shanghai Futures Exchange received the relevant application materials from Heze Kexin Chemical Co., Ltd. Based on the regulations in the Shanghai Futures Exchange Butadiene Rubber Futures Contract and the Shanghai Futures Exchange Butadiene Rubber Futures Business Rules, after careful consideration, it has been decided to approve the "Qiyuan Rubber" brand butadiene rubber produced by Heze Kexin Chemical Co., Ltd. to become a deliverable product for butadiene rubber futures on the Shanghai Futures Exchange, with a basis for pricing of 260 RMB/ton. Starting from the date of this announcement, the above-mentioned product can be used for delivery fulfillment in the Shanghai Futures Exchange Butadiene Rubber Futures Contract.
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