After entering 2019, the black commodities market began to rise. Especially on January 10, the office of the State Administration of Coal Mine Safety issued a notice requiring that the country's mining depth of more than 1000 meters of rock burst and coal gas outburst coal mines immediately stop production for safety demonstration. On January 11, the market reacted. Coking coal led the collective rise of black commodities, and the increase of coking coal 1905 contract even reached 3.5% on that day. Coking coal futures began to consolidate on January 15 after the surge. Towards the end of the lunar calendar, coking coal futures have maintained an oscillating trend since the second half of January under the condition of weak supply and demand in the basic level. And coke futures, driven by the price of threaded steel, the consolidation market was delayed a little more than that of coking coal, and began to consolidate on January 21. On January 26, an iron ore waste pit dam burst in Valley. On January 28, iron ore led the black commodities, including coking coal, to a large extent. At the present stage, the replenishment of steel works is coming to an end, and coke starts to oscillate again.
The listing of more commodity options will further improve the structure and system of China's derivatives market, help attract various financial institutions to develop more diversified products and services, attract investors to participate in the market by means of asset management, and then improve the structure of investors in the whole market. At the same time, through the linkage between the option and the standard futures, the option will also promote the futures market to be more active, pricing more reasonable, and improve the operation efficiency of the futures market.
Next, under the overall arrangement of the CSRC, the DCE will accelerate the R&D and listing of options such as iron ore, palm oil and soybean oil, and speed up the construction of a "multi-open, first-class international derivatives exchange".
进入2019年后,黑色系行情开始上涨,尤其1月10日国家煤矿安监局办公室发布通知,要求全国采深超千米的冲击地压和煤瓦斯突出煤矿立即停产进行安全论证后,1月11日市场给予反应,焦煤带领黑色系集体暴涨,焦煤1905合约当日涨幅甚至达到3.5%。焦煤期货暴涨后在1月15日开始盘整,临近农历年底,在基本面供需双弱的情况下,自1月份后半月焦煤期货一直维持振荡走势。而焦炭期货在螺纹钢价格的带动下,盘整行情要比焦煤延后些,从1月21日开始进入盘整。1月26日淡水河谷一处铁矿废料矿坑堤坝发生决堤事故,28日铁矿石带领黑色系包括焦煤焦炭大幅高开,当天又缓慢回调,现阶段钢厂补库接近尾声,焦炭又开启振荡行情。
更多的商品期权品种上市,将进一步完善我国衍生品市场结构和体系,有利于吸引各类金融机构开发出更加多样化的产品和服务,吸引投资者以资产管理等方式参与市场,进而改善整个市场的投资者结构。同时,期权通过与标的期货的联动,也将促进期货市场交易活跃、定价更加合理,提高期货市场运行效率。
下一步,大商所将在证监会的统筹安排下,加快推进铁矿石、棕榈油、豆油等期权品种的研发上市,加快建设“多元开放、国际一流衍生品交易所”。