White sugar options start trading in Zhengzhou
Print Edition
CHINA’S second commodity options, white sugar options, started trading on Zhengzhou Commodity Exchange yesterday.
“Businesses can now use a combination of investment tools including spot contracts, futures contracts and options to manage risks more effectively,” said Ma Wensheng, chairman of Xinhu Futures, a Shanghai-based futures brokerage.
Unlike futures contract, options give investors the right but not the obligation to buy or sell the underlying assets at a predetermined price, effectively giving investors some insurance against future price volatility.
The white sugar options are China’s second commodity options after soybean meal, currently trading on Dalian Commodity Exchange.
Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said the financial instrument will facilitate the health of the sugar industry, benefiting 40 million sugar cane farmers in remote and poor regions.
As demand for commodity derivatives rises, more futures and options products will be launched, Fang said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
