With the approval of the China Securities Regulatory Commission, offset printing paper futures were listed and traded on the Shanghai Futures Exchange on September 10. Offset printing paper options will be listed and traded at 9:00 tonight, marking the official listing of the world's first cultural paper futures and options.
Folding printing paper is a kind of paper that mainly uses bleached wood pulp as raw material for offset printing. It is widely used in various fields such as education, culture, and commerce. Teaching aids are the main source of the demand for offset printing paper, and social books, journals, magazines and other publications are also inseparable from offset printing paper.
At present, most offset printing papers on the market are double-sided offset printing papers, so they are also called double-profile papers. my country is the world's largest producer and consumer of offset printing paper, and its production and consumption account for more than 20% of the world. In 2024, the apparent consumption of offset printing paper in my country will be about 9 million tons.
Shanghai Futures Exchange Deputy General Manager Yang Ke: In the past, the industry could only use pulp futures for cost hedging, but pulp price fluctuations did not fully reflect the changes in the market supply and demand of finished paper. The launch of offset printing paper futures and options can more accurately reflect the actual operation of the industry and improve the risk resistance of the entire industrial chain.
(CCTV reporters Zhao Shuguang, Jiang Yong, Liu Shijun, Bai Tingjun, Yang Dunhuang)
