On the positioning and popularization of methanol futures

2018-02-22View Original

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Methanol: With the approval of the State Council and the China Securities Regulatory Commission, methanol futures contracts were listed for trading on the Zhengzhou Commodity Exchange on October 28, 2011. China is the only country in the world to have methanol futures listed on its markets. 1 unit equals 10 tons, at 1 yuan per ton; in other words, the smallest price variation is 1 yuan, meaning a change results in an amount of 10 yuan. Transactions are subject to a margin system, with the margin amounting to 5% of the contract value (while typical futures companies charge between 10% and 12%). Physical delivery is implemented, and the specific delivery process will be discussed later.

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On the positioning and popularization of methanol futures

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