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Recently, industrial silicon futures and options They were officially listed and traded on the Guangzhou Futures Exchange in China. This is not only the first product listed on the Guangzhou Futures Exchange, but also the first new energy metal futures product in my country, and the world's first industrial silicon futures.

What is industrial silicon?

Industrial silicon, also known as metal silicon, is a name you may not have heard of, but it is closely related to your life. Products made of it run through every aspect of our daily necessities, whether it is what we wear Industrial silicon can be found in clothing, textiles, the motor vehicles we drive, the ships and airplanes we take, or the electronic products we use, and the chips in mobile phones.

What is the significance of industrial silicon futures trading in my country?

Under the market trend of transitioning to low-carbon energy, industrial silicon, as a basic material for new energy, benefits from the development of downstream industries such as photovoltaics, new materials, and automobiles, and the market scale expands rapidly. China is the main producer of industrial silicon in the world. In 2021, China's industrial silicon The output accounts for 78% of the global output, and the consumption accounts for 56% of the global consumption, ranking first in the world. Although the production process of industrial silicon requires power consumption, from the perspective of the entire industrial chain from silica to photovoltaic.

The photovoltaic system contributes 31 times more energy than it consumes during its lifespan. The downstream consumption of the industrial silicon industry chain has a strong ability to undertake consumption, and the silica raw material resources are abundant.

The low cost of energy and electricity used to produce industrial silicon has attracted the attention of global investors.Since 2021, large fluctuations in industrial silicon prices have affected the development of the downstream industrial chain. Therefore, industrial silicon futures and options.

The listing of industrial silicon futures and options can provide open, transparent and continuous price information, help industrial silicon production enterprises to reasonably arrange production capacity construction cycle and production plan, and stabilize supply. It also provides an effective tool for downstream enterprises to manage the risk of raw material price fluctuations , my country is the first to list industrial silicon futures in the world, which is conducive to transforming the advantages of my country's large industrial silicon market share and high proportion of export trade into a matching international market influence, and enhancing the right to speak in international trade pricing.