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[Dalian Commodity Exchange Cheng Weidong: The correlation between futures and current prices of Dalian Commodity Exchange’s chemical products is stable at more than 90%] On October 13th, Dalian Commodity Exchange Cheng Weidong said that the correlation between futures and current prices of Dalian Commodity Exchange’s chemical products is stable at more than 90%, and the hedging efficiency exceeds 90%. More than 90% of domestic ethylene glycol and styrene spot trades are priced directly using or referring to futures prices on the Dalian Commodity Exchange. More than 1,300 petrochemical companies have embedded futures tools into the entire process of procurement, sales, inventory and profit management.
Futures Market Intelligence 🕐 2026-10-13 16:31
#Futures Market Intelligence
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