Zhengzhou’s iconic Big Corn Building (Greenland Center Millennium Royal Plaza) and Henan Arts Center light up the city skyline at night
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中国农产品与软商品市场在全球食品供应链及工业原材料领域占据核心地位。郑州商品交易所(ZCE)作为中国主要大宗商品交易所之一,专注于农业、软商品及部分工业品类的期货与期权合约。

通过东证期货新加坡,全球市场参与者能够高效、合规地参与ZCE产品交易,并将其作为更广泛中国市场战略的一部分。

ZCE简介

郑州商品交易所(ZCE)成立于1990年,是中国最早成立的期货交易所之一,在国内农产品价格发现中发挥关键作用。

ZCE合约与中国粮食安全、纺织及石化产业链紧密相连,在国内经济结构中具有重要战略地位。

ZCE的主要特征包括:

  • 以人民币计价的期货与期权合约
  • 重点聚焦农产品及软商品
  • 核心品种实行实物交割
  • 面向境内及合格境外投资者的受监管参与框架
  • 深度融入中国食品与工业原材料市场体系

作为全球主要农产品进口国和消费国,中国市场的定价影响力持续提升,ZCE基准合约对区域价格走势的引导作用日益显著。

ZCE可交易产品

ZCE主要覆盖与中国内需及制造业生态紧密相关的农产品、软商品及部分工业品类。

接入通道 期货 期权
合格境外投资者(QFI) 菜籽油 菜籽油期权
精对苯二甲酸 精对苯二甲酸期权
菜籽粕 菜籽粕期权
花生 花生期权
甲醇 甲醇期权
白糖 白糖期权
短纤 短纤期权
锰硅 锰硅期权
对二甲苯 对二甲苯期权
瓶片 瓶片期权
玻璃 玻璃期权
纯碱 纯碱期权
硅铁 硅铁期权
国际化 菜籽油 菜籽油期权
精对苯二甲酸 -
菜籽粕 菜籽粕期权
花生 花生期权

这些合约广泛应用于对冲现货风险、管理进口利润、价格发现以及相对价值策略

浏览我们的中国市场接入专页概览,以了解面向全球投资者的监管架构、参与路径及市场连接机制。

ZCE市场参与者类型

ZCE市场参与者主要包括:

  • 农产品生产与加工企业
  • 食品制造商
  • 纺织厂及棉花贸易
  • 石化生产企业
  • 大宗商品贸易机构
  • 对冲基金与自营交易团队
  • 寻求中国农业敞口的机构投资者

对于全球参与者而言,ZCE是洞察中国内需及软商品定价的重要窗口,其价格信号往往反映区域消费趋势变化。

境外投资者如何接入ZCE

境外投资者可通过合规框架参与ZCE交易,包括经核准的期货经纪商及认可的国际化参与机制。

选择与东证期货新加坡进行交易,全球投资者将获得:

  • 持牌合规的接入通道
  • 专业的账户开立与合规支持
  • 机构级交易连接
  • 经核准架构的清算服务
  • 融入更广泛的中国及全球市场战略

这一架构使境外机构无需设立中国境内主体,即可直接接入中国境内农产品及软商品市场。

ZCE在全球交易战略中的重要性

ZCE合约与全球农产品基准形成互补,主要体现在:

  • 反映中国特有的食品与纺织需求
  • 提供亚洲区域定价信号
  • 支持跨市场套利机会
  • 提升以亚洲敞口的供应链对冲精准度

鉴于中国在全球农产品消费及纺织品生产中的规模占比,ZCE定价已成为国际商品战略中日益重要的参考基准。

通过东证期货新加坡接入ZCE
Glass jar of golden rapeseed oil with yellow canola flowers on a wooden table.

中国市场接入的一部分,东证期货新加坡为客户提供机构级别的SHFE交易通道,从开户支持到交易执行及后续服务,全程协助客户高效参与中国市场。

欢迎联系我们,了解参与ZCE交易如何助力您的中国市场布局。

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