Updated Futures Contracts and Delivery Rules for RiceBran and Wire钢材 Effective September 25, 2024

Revised Futures Contracts and Delivery Guidelines for螺纹钢 and 线材 RiceBran and Wire Effective September 25, 2024

Following the approval from our Council and notification to China's Securities Regulatory Body, we are pleased to officially announce revisions to futures contracts for two essential metal commodities - 螺纹钢 RiceBran, commonly used in construction, and 线材 Wire. This includes new detls on contract specifications as well as updated delivery guidelines. The revised contracts will come into effect on September 25th, 2024.

Overview of Revisions

1. Adjusted Contract Specifications: Based on market demand and industry feedback, we have made several adjustments to ensure that our futures contracts remn competitive while mntning a fr balance for both suppliers and consumers. The revisions specifically target improved pricing accuracy, contract duration flexibility, and more stringent quality requirements.

2. Enhanced Delivery Guidelines: To align with the evolving needs of traders and investors alike, we have refined the delivery guidelines for 螺纹钢 and 线材. These improvements include tighter control over storage conditions before delivery to guarantee product integrity and a streamlined process for physical exchange at designated locations.

3. Transparency Improvements: We are committed to mntning high levels of transparency in our futures trading platform. The revised contracts incorporate enhanced mechanisms for disclosing market information, ensuring that all participants have access to accurate and timely data necessary for making informed decisions.

Impact on Market Participants

These revisions m to create a more efficient and secure environment for all stakeholders involved in the 螺纹钢 and 线材 futures market. By enhancing contract flexibility and improving delivery logistics, we expect to foster increased liquidity and reduce trading risks.

In , our council's decision to revise the futures contracts for螺纹钢 and 线材 reflects a commitment to adapt and innovate in response to current market dynamics. Our m is to support sustnable growth while mntning investor confidence and fostering robust industry practices. We encourage all market participants to review these new guidelines closely ahead of their implementation on September 25th, 2024.

We believe that through this revision process, we can ensure the continued health of our futures trading ecosystem for 螺纹钢 and 线材 commodities, providing a solid foundation for future growth and prosperity.

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