China News Agency, Dalian, December 26th (Reporter Yang Yi) On the 26th, soybean No. 1, soybean No. 2, soybean meal, soybean oil futures and options were simultaneously introduced to overseas traders at the Dalian Commodity Exchange.

This means that soybean series futures and options have become the first variety sector in China's futures market to open up to the outside world.

　　At present, China has grown into the world's largest consumer market and importer of oil and oilseeds.

In recent years, affected by factors such as geopolitical conflicts and intensified trade protectionism, the global grain and oil sector has fluctuated violently.

This time, by enriching the varieties of the industrial chain and introducing overseas traders, it will help to speed up the establishment of a unified and coordinated domestic futures and spot market.

　　On the same day, Cheng Xin, the first-level inspector of the futures department of the China Securities Regulatory Commission, read the relevant approval documents via video, and Wu Kaihua, deputy mayor of Dalian, and Ran Hua, chairman of Dalian Commodity Exchange, jointly opened the market for the introduction of overseas traders for soybean series futures and options.

　　Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said in a video speech that the opening of DCE's soybean series to the outside world is the first time that DCE has simultaneously introduced overseas traders in the entire product chain, marking that China's futures market is in a more mature and confident state. Enter a new realm of institutional opening up.

　　Fang Xinghai said that as the influence of domestic commodity futures pricing continues to increase, more and more domestic and foreign companies have begun to directly use Chinese futures prices to carry out basis trade, which has effectively enhanced the resilience of the industrial chain and supply chain.

Enterprises in overseas production places use China's market information to adjust their production plans for China in a timely manner, which better maintains the stability of production and operation.

　　It is reported that since the first time in 2018 to introduce foreign traders in the form of specific domestic varieties and realize direct opening to the outside world, including 8 futures and option varieties such as soybeans this time, 17 varieties have been introduced to overseas traders.

(use up)

search

copy