Ethylene glycol, styrene options listed on the market

Ethylene glycol and styrene options were listed on the Dalian Commodity Exchange at 9 o 'clock today (May 15) after the CSRC agreed to register. Ethylene glycol and styrene are important chemical intermediates. These two chemicals are connected with petroleum and coal, rubber and plastic fiber, and are closely related to household appliances, automobiles, paper making and clothing in People's Daily life.

Our country is the largest consumer country and importer of ethylene glycol, and also the largest consumer country and supplier country of styrene. In 2018 and 2019, ethylene glycol and styrene futures were listed on the Dalian Commodity Exchange. After years of development, the functions of the two varieties of futures have been fully played and the market influence has been expanding.

Today, the listing of ethylene glycol and styrene options will provide the industry with more rich and fine risk management tools, so that enterprises can comprehensively use futures and options two derivative tools to better manage risks and help the steady operation of the chemical industry.