Rubber No. 20 options and international copper options will be listed for trading.

This article is reprinted from: Xinmin Evening News

Our newspaper reports (Reporter Yang Shuo) that the Shanghai International Energy Exchange (hereinafter referred to as “INE”), a wholly-owned subsidiary of the Shanghai Futures Exchange, will officially list the 20 Rubber Option and International Copper Option on April 22 (during the continuous trading session on the evening of April 21). As specific varieties within the domestic market, these two options will directly introduce foreign traders to participate in trading; at the time of listing, they will also be simultaneously opened to Qualified Foreign Institutional Investors (QFI).

20 Rubber is a core raw material for the tire industry, and copper is a key fundamental material in fields such as new energy and high-end manufacturing. Both are important bulk commodities that support the development of the real economy. China is the world’s largest consumer of 20 Rubber and copper, and enterprises in the related industrial chain are deeply integrated into the global market, leading to an increasing demand for refined and diversified risk management tools.

As China’s manufacturing industry shifts towards high-quality development, the risk management needs of enterprises in the 20 Rubber and international copper-related industrial chains have significantly increased, and the call for the introduction of option varieties has grown stronger. The listing of the 20 Rubber Option and International Copper Option, along with their opening to external participants, will not only enrich the risk management tools for domestic and foreign industrial chain enterprises but also help companies hedge against price volatility risks and enhance risk management levels. Additionally, they will complement the corresponding futures varieties, improve the price discovery system, further enhance the resource allocation function of the futures market, increase China’s price influence in the global related bulk commodity market, and contribute to the construction of Shanghai as an international financial center.

Since 2018, INE has listed 6 futures and options varieties, including 20 Rubber futures, international copper futures, and crude oil options, with stable market operations. The trading, settlement, exercise, and opening to external participants have been tested by the market.