Industry insiders: the listing of pure benzene futures and options will form a "combination punch" of risk management tools with styrene futures and options to create an industry chain.
On July 8th, pure benzene futures and options were officially listed on the Dalian Commodity Exchange. On the first day of listing, four contracts BZ2603, BZ2604, BZ2605, and BZ2606 were listed for pure benzene futures. From the closing price of that day, all four contracts for pure benzene futures showed a slight increase of around 0.5% on the first day of trading. A total of 230 institutional clients participated in the trading, with institutional clients holding a 62.7% share of the open interest. Currently, the Dalian Commodity Exchange has listed over 40 futures and options products, further enhancing its ability to serve the real economy. Industry experts point out that the listing of pure benzene futures and options will form a risk management "combination" with styrene futures and options, providing effective tools for managing price risks and locking in production profits for entities during the expansion period, enhancing the risk management capabilities of China's chemical industry chain, and helping China transition from a "chemical power" to a "chemical powerhouse".
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