CSRC: low sulfur fuel oil futures listed in China

category:Finance
 CSRC: low sulfur fuel oil futures listed in China


Fuel oil is the main fuel for international navigation ships. China is a big country of fuel oil import and consumption. To carry out low sulfur fuel oil futures trading, introduce foreign traders to participate in, and explore the diversified and open path of cross-border settlement will be conducive to more directly reflect the supply and demand of the global spot market, promote the formation of a reasonable pricing mechanism for low sulfur fuel oil industry, and can provide a reasonable pricing mechanism for the domestic and foreign fuel oil industry Industrial enterprises provide open, continuous and transparent price signals and effective risk management tools. (CCTV reporter Shi sining) source: CCTV news client responsible editor: Wang Xiaowu_ NF

Fuel oil is the main fuel for international navigation ships. China is a big country of fuel oil import and consumption. To carry out low sulfur fuel oil futures trading, introduce foreign traders to participate in, and explore the diversified and open path of cross-border settlement will be conducive to more directly reflect the supply and demand of the global spot market, promote the formation of a reasonable pricing mechanism for low sulfur fuel oil industry, and can provide a reasonable pricing mechanism for the domestic and foreign fuel oil industry Industrial enterprises provide open, continuous and transparent price signals and effective risk management tools. (Shi sining, CCTV reporter)