Recently, the company has won the first batch of LPG (liquefied petroleum gas) delivery depot qualification of Dalian Commodity Exchange, and is the only LPG futures delivery factory in the Yangtze River Delta region.
According to the notice issued by the CSRC on March 19, Dalian Commodity Exchange is approved to carry out the trading of liquefied petroleum gas (LPG) futures and options. The official listing time of LPG futures contract is March 30, 2020, and the official listing time of LPG option contract is the next trading day of corresponding futures contracts. On March 25, Dalian Commodity Exchange issued the notice on matters related to the listing and trading of liquefied petroleum gas futures contracts, and announced the list of delivery warehouses. Six enterprises, including products and chemicals, were approved to deliver LPG futures.
LPG futures delivery warehouse is the first futures delivery factory warehouse of chemical products, which will become an important resource for the company to expand the integrated services of polypropylene supply chain in the future.