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

Xinhua Credit
Industry

Thermal coal options trading launched in China's Zhengzhou

June 30, 2020


Abstract : Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China's Henan Province Tuesday.

ZHENGZHOU, June 30 (Xinhua) -- Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China's Henan Province Tuesday.

It is the sixth option issued by ZCE, which launched thermal coal futures trading in September 2013.

"The newly-launched options can supplement the thermal coal futures, helping more industrial and institutional customers in trading," said Xiong Jun, chairman of the ZCE board.

"It can also optimize the structure of market investors and enhance market resilience," Xiong said.

Thermal coal generally refers to the coal used for power generation, which is commonly seen in areas including thermal power generation and boiler combustion.

Thermal coal is closely related to the development of China's national and regional economy, the consumption of which accounts for about three-quarters of the country's total coal consumption, according to Zhang Hong, deputy secretary-general of China National Coal Association. Enditem


Scan the QR code and push it to your mobile phone

Keyword: coal options

Reading:

Baltic Exchange releases weekly shipping market report

China's benchmark power coal price remains flat

China's non-fossil power generation capcaity likely to hit 900 mln KW in 2020

China unveils guideline to promote energy development in 2020

China speeds up establishment of futures law, Hainan FTP law

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.

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