cryptogamecoin| Guangzhou Futures Exchange revises industrial silicon futures delivery standards to help market stability and curb speculation

Date: 5个月前 (04-13)View: 64Comments: 0

[the industrial silicon futures delivery standard adjusted by Guangshi will help stabilize prices and curb speculation] April 13CryptogamecoinGuangzhou Futures Exchange issued a notice on the revision of the industrial silicon futures delivery quality standard, which will apply to the industrial silicon futures SI2412 contract and its follow-up contracts, and will be formally implemented from the listing date of the SI2412 contract. The purpose of this revision is to optimize alternative delivery standards, provide clearer price guidance for the market, and ensure that non-deliverable demand products and spare capacity can be attracted to participate in alternative delivery under certain circumstances, so as to curb speculation in the overheated market.

The person in charge of Industrial Silicon Trading Building International Trade (600755) said that the revised alternative delivery standards may not be often used on weekdays, but they can be used as an effective and important mechanism to protect price stability. Under specific circumstances, this mechanism can attract some non-deliverable demand products and spare capacity to replace deliverables to supplement the warehouse receipt system, so as to achieve the purpose of curbing speculation.

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