Exciting news, everyone! On Monday, the Shanghai natural rubber futures made their debut on Japan's Osaka Exchange, marking a major leap in capital market collaboration between the Chinese mainland and Japan. 🚀
This innovative listing lets global traders access a transparent benchmark price from the Shanghai Futures Exchange without the hassle of exchange rate conversions. The cash-settled contract simply multiplies the SHFE price by 100 Japanese yen ($0.7), making risk management a breeze for industries and investors alike.
Lu Dongsheng, CEO of SHFE, highlighted that this step is a concrete move toward high-standard opening-up and paves the way for better risk management in the rubber industry globally. With three monthly contracts debuting for September 2025, January 2026, and May 2026, the impressive trading volume on the first day is already generating buzz. 🌟
This breakthrough is set to boost international collaborations and reflects the forward-thinking regulatory advances announced by China's State Council in 2024. It's a win for innovation and connectivity in our fast-paced global market, making it a must-watch development for anyone interested in the future of trade and risk management. 💼
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Shanghai natural rubber futures listed on Japan's Osaka Exchange
cgtn.com
