China Securities Journal：SHFE’s Pulp Futures Project Got Approved

 Date: March 15^th, 2017

By Guan Ping, journalist from China Securities

Recently, China Securities Regulatory Commission (CSRC) approved the pulp futures project application proposed by Shanghai Futures Exchange (SHFE). Both China’s paper production and pulp net import rank the first in the world. The development and launch of pulp futures will help domestic pulp industry chain enterprises mitigate their operational risks through the risk management instrument of futures market, and therefore make futures market better serve the real economy.Following the approval of the project initiation, SHFE will further well prepare itself for all the listing work based on market survey, such as pulp contract design and rules research and analysis.