Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Agricultural Development Bank of China
Industry

China's futures brokerages secure material price for medical manufacturers

February 21, 2020


Abstract : China's futures brokerages pitched in on the combat against the novel coronavirus epidemic by ensuring stable raw material prices for producers of medical supplies.

BEIJING, Feb. 20 (Xinhua) -- China's futures brokerages pitched in on the combat against the novel coronavirus epidemic by ensuring stable raw material prices for producers of medical supplies.

The China Securities Regulatory Commission called for a larger supply of commodity and financial futures and options to ease the burden on the real economy in terms of high inventory, shortage of capital goods and price fluctuations, said Yan Qingmin, vice chairman of the commission.

In response to the call, futures brokerages offered commodity options to manufacturers of epidemic prevention and control supplies to stabilize the prices of raw materials with the hedging function of the market.

China Construction Bank Futures Co., Ltd. provided a free call option to Shandong Dawn Polymer Co., Ltd., a leading producer of mask cloth, in order to effectively control the cost of raw materials.

Nanhua Futures Co., Ltd. granted a rubber option to Ideal Medical Industries Co., Ltd., a leading manufacturer of surgical gloves, noting the company's large demand for latex.

Several futures options were offered to producers of masks, disinfectant and medicinal alcohol, according to the China Futures Association, which were believed by sector specialists to provide replicable experiences in serving the real economy in the future.

Scan the QR code and push it to your mobile phone

Keyword: futures

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial