Guangxi Institute held a seminar to celebrate the third anniversary of the listing of lithium carbonate futures and options, as well as the opening of specific varieties to the public.

On July 21, the Guangzhou Futures Exchange held a seminar to mark the third anniversary of the listing of lithium carbonate futures and options, as well as the opening of specific varieties to the outside. The discussion focused on topics such as the effectiveness of the variety's operation and its service to the real economy, further deepening market ecology construction and the internationalization of the variety. Representatives from 19 leading lithium battery industry companies, futures companies, overseas intermediaries, and futures margin deposit banks attended the meeting. Senior officials from the Guangzhou Futures Exchange and the Guangdong Securities Regulatory Bureau were also present. During the seminar, participants shared their experiences in using lithium carbonate futures and options for hedging, basis trading, and options trading to manage risks. They believe that the market for lithium carbonate futures has been stable over the past three years, with close linkage between futures and spot prices, high industry participation and recognition. They see it as an important tool for the lithium battery industry chain to lock in procurement costs and stabilize business operations. The opening of lithium carbonate futures and options to the outside world will enrich cross-border trade risk management tools and provide better support for enhancing the global pricing influence of China's lithium battery industry. Participants also made suggestions on contract rules, delivery management, market cultivation, industry services, risk control, and international cooperation. In the next step, the Guangzhou Futures Exchange will adhere to the fundamental purpose of serving the real economy, deepen the construction of the lithium carbonate futures market, strengthen market cultivation and industry services, effectively fulfill frontline regulatory responsibilities, steadily promote high-level opening to the outside world, and continuously improve the quality of market operation.