Hot-rolled coil, stainless steel, and low-sulfur fuel oil options are listed on the Shanghai Futures Exchange

China News Service, Shanghai, September 10 (Gao Zhimiao) Hot-rolled coil, stainless steel, and low-sulfur fuel oil options were listed on the Shanghai Futures Exchange (Shanghai Futures Exchange) on the 10th. The three options were simultaneously opened to qualified foreign investors (QFI). Among them, low-sulfur fuel oil options are a specific domestic variety and directly introduce overseas traders to participate in the transaction.

On the first day of listing, a total of 236 contracts were listed for trading, including 48 hot-rolled coil options, 50 stainless steel options, and 138 low-sulfur fuel oil options.

According to reports, after the listing of the three options this time, the total number of listed options on the Shanghai Futures Exchange has increased to 23, covering major sectors such as non-ferrous metals, precious metals, ferrous metals, energy and chemicals, etc., marking the basic formation of the three-dimensional product system of "futures + options" on the Shanghai Futures Exchange. While the market size is steadily expanding, the role of options in serving the real economy continues to be highlighted. Options tools provide more strategic options for industrial enterprises to manage price risks in procurement, inventory management, sales and other aspects, helping enterprises to improve risk management levels and enhance operational resilience.

The relevant person in charge of the Shanghai Futures Exchange said that hot-rolled coils, stainless steel, and low-sulfur fuel oil futures have been on the market for many years and have been operating stably, and have become important tools for enterprises in related industries to carry out risk management. The listing of three options is an important measure to expand the business capacity and quality of the Shanghai Futures Exchange, and will further enhance the breadth and depth of services for related products.