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PTA Options Are Officially Listed In Zhengshang Office, And Polyester Industry Management Risk Has Double Insurance

Date:Dec 19, 2019

On December 16, the air in Zhengzhou, the Central Plains city, was humid. There had just been a rain here. It was dry for a long time. It was a rain that had not been seen for a long time. Just as the winter rain moistens the arid fields in the Central Plains, the effective play of various financial instruments will also moisten the development of real industries.


PTA options are officially listed in Zhengshang office, and polyester industry management risk has "double insurance"


On the morning of December 16, the listing ceremony of PTA and methanol options was held in Zhengzhou Commodity Exchange (hereinafter referred to as "Zhengshang office"). Cheng Xin, deputy director of the futures regulatory department of the CSRC, read out the relevant reply at the listing ceremony. At 9 o'clock sharp, with a gong, PTA option contracts were officially listed in Zhengshang. PTA options, together with methanol options, have become the first batch of energy options listed in China.


PTA options are officially listed in Zhengshang office, and polyester industry management risk has "double insurance"


Industry insiders believe that the listing of PTA options will help promote the high-quality development of China's energy and chemical industry. At the same time, the listing of PTA options marks another important step in the development and transformation of Zhengshang, which further consolidates the dominant position of Zhengshang as a textile derivatives trading center with the richest variety and the most complete tools.