Shanghai natural rubber futures have drawn considerable interest from global investors since their listing on Japan's Osaka Exchange last month, providing market participants with additional risk management options, according to analyst.
The futures contract began trading on the Osaka Exchange on May 26 and emerged as the exchange's most active natural rubber product on the debut day, with a trading volume of 322 lots and open interest of 152 lots.
The futures were listed on the Osaka Exchange on May 26 and emerged as the most active natural rubber contract on that day with a trading volume of 322 lots and an open interest of 152 lots.
As of last Friday, the cumulative trading volume had reached 982 lots, showing steady growth in market activity.
"The listing of Shanghai natural rubber futures on the Osaka Exchange is part of our efforts to make 'Chinese prices' accessible to more countries and regions, offering both domestic and international enterprises more diversified prices and risk management tools, and ultimately enhancing services for global industrial companies," said Lu Feng, deputy general manager of the Shanghai Futures Exchange.
Shanghai natural rubber futures see active trading in Japanese market
