Market Bridge Consulting

The China Securities Regulatory Commission (CSRC) has given the green light to the trading of peanut futures, an important oil crop. Trading of the peanut futures will be launched on the Zhengzhou Commodity Exchange starting Feb 1, according to a statement on the CSRC's official website. Trading of the peanut futures will help provide relevant farmers and enterprises with open, consistent and transparent price signals and effective risk-management tools, and will boost the steady and sound operation of the sector, according to the statement. The CSRC will ask the exchange to make all the necessary preparations to ensure the steady operation of the trading. Peanut Kernel  futures contract Product Peanut Kernel Trading Unit 5 metric tons/lot Price Quotation Chinese yuan (CNY) per metric ton Minimum Price Fluctuation CNY2/metric ton Daily Price Limit ±4% of the settlement price of the previous trading day; Refer to relevant provisions on daily price limit under the Measures for the Ad...

  On January 20, 2021, the standard warrants for 100.446 metric tons of SPCC-ILO Grade A copper produced by Southern Copper Corporation were officially created by Shanghai Yangshan Free Trade Port C. Steinweg Logistics Co., Ltd. This marks the first registration of standard warrants for bonded copper futures since the contract was listed for trading on the Shanghai International Energy Exchange (INE). This shipment of copper cathodes was purchased by Rich Fortune International Industrial Limited (“Rich Fortune International”) through an overseas copper trading house, arriving at the Yangshan Special Comprehensive Bonded Zone in early January 2021. It then underwent the inspection of Yangshan Customs, the load-in inspection by the designated delivery warehouse, verification by INE, and quality checks by the Shanghai Customs Industrial Products and Raw Material Testing Technology Center before registration. The head of Rich Fortune International noted that the creation of these warra...

On January 22,2021, the introduction of foreign traders to participate in DCE’s RBD palm olein futures trading celebrated its "full month". Over the past month, with the support and care of all participants in the domestic and overseas markets, the market has been running smoothly and orderly and the market scale has been stable. The participation of foreign clients is relatively active and all participants provide good feedback. As the first listed agricultural futures in China to be opened to the outside world, the participation of foreign traders in RBD palm olein futures has attracted much attention. As of January 21, about 40 foreign clients have participated in RBD palm olein futures trading in just one month. Statistics show that the overall operation of RBD palm olein futures in the first month of internationalization has been stable, with futures price fluctuating at a reasonable level. In terms of trading, the cumulative trading volume of RBD palm olein futures in t...

     According to the  Regulation on the Administration of Futures Trading, Measures for the Administration of Futures Exchanges ,  Administrative Measures for Domestic Securities and Futures Investments by Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors  and other applicable rules and regulations, INE proposes to revise its  Designated Depository Banks Management Rules  and is requesting public comments on these rules. Please send your opinions and advices on revising the above rules to INE in writing or through emails before February 1, 2021. Your feedback also indicates that you agree to use your contact information and materials for use by the INE and only for requesting comments described in this Notice.   Contact: Email: ine.advice@ine.cn Fax: +86-21-2076-7686 Tel.: +86-21-6840-0000  Postal address: the Shanghai International Energy Exchange, 500 Pudian Road, Pudong New District, Shanghai...

The China Securities Regulatory Commission (CSRC) has approved the listing of Live Hog (LH) futures on Dalian Commodity Exchange (DCE) and relevant matters are hereby announced as follows: I. Listing and Trading Time The Live Hog futures will be listed and traded on January 8 (Friday), 2021. The trading sessions are 09:00-10:15, 10:30-11:30 and 13:30-15:00. II. Contracts to Be Listed and Traded The first batch of contracts to be listed and traded includes LH2109, LH2111, LH2201. III. Trading Margins and Price Limits The price limits of Live Hog futures shall be 8% of the settlement price of the last trading day. On the first trading day, the price limits of Live Hog futures shall be 16% of the listing benchmark prices. The hedging trading margins of Live Hog futures shall be 8% of the contract value and the speculation trading margins shall be 15% of the contract value. Other provisions shall be subject to the Measures for Risk Management of Dalian Commodity Exchange. IV. Trading L...

  For China derivatives market access and more market information please contact  sherry_ustc@163.com

  Upon discussion and approval of the Board of Governors and filing with the China Securities Regulatory Commission, the   Live Hog Futures Contract of Dalian Commodity Exchange , the   Amendment to Measures for Clearing Management of Dalian Commodity Exchange , the   Amendment to Measures for Delivery Management of Dalian Commodity Exchange , the   Amendment to Measures for Standard Warehouse Receipt Management of Dalian Commodity Exchange , the   Amendment to Measures for Designated Delivery Warehouses Management of Dalian Commodity Exchange , the  Amendment to Measures for Risk Management of Dalian Commodity Exchange , the   Amendment to Measures for Hedging Management of Dalian Commodity Exchange , the   Detailed Rules of Live Hog Futures of Dalian Commodity Exchange   are hereby released and enter into force on the date of promulgation. The schedule and other relevant matters of listing the live hog futures will be announced separat...

  According to the  Regulations on the Administration of Futures Trading ,  Measures for the Administration of Futures Exchanges ,  and other applicable laws and regulations, Shanghai International Energy Exchange (INE) proposes to revise its  Clearing Rules  and  Delivery Rules  and is requesting public comments on these rules. Please send your opinions and advice on revising the above rules to INE in writing or through emails before January 11, 2021. Your feedback also indicates that you agree to the use of your contact information and materials by the INE and only for requesting comments described in this Notice.   Contact information: Contact: Lu Xi, Wen Sihan Email: ine.advice@ine.cn Tel: +86-21-20616750, +86-21-20616876 Fax: +86-21-20767686 Postal address: Legal and Compliance Department, 23/F, 288 Xiangcheng Road, Pudong New District, Shanghai, 200122, China   Appendices: 1. Revision Explanation 2. Comparative Table For China deri...