SHFE natural rubber futures contracts were listed in 1993. After years of development, SHFE has become the world's largest natural rubber futures market, playing an important role in price discovery and hedging in related industries.

Teng Jiawei introduced that the trading volume of SHFE natural rubber futures in 2018 was 61.85 million lots, which equals to about 620 million tons of natural rubber, with a trading turnover of 7.36 trillion yuan, ranking first in similar contracts around the world. Large and medium-sized enterprises such as rubber producing and trading companies have become important participants in the market. In recent years, the hedging effectiveness of natural rubber futures has remained above 80%. The rubber futures price is highly correlated with the relevant market and has become an important basis of reference for pricing process in trade.

Teng Jiawei said that SHFE would speed up reform and opening process, serve the high-quality development of the rubber industry better, and focus on doing the following work. The first is to increase product supply and enrich risk management tools of the rubber industry. The second is to improve existing futures precisely, and further develop the function of futures market. The third is to deepen industrial services, carry out specific hedging business training and market promotion, strengthen industry services and scene guidance, and enhance the capability of entity enterprises to use futures tools to manage risk. The fourth is to advance the process of opening up, actively promote the internationalization of SR20, introduce more overseas high-quality brand registration, explore the feasibility of setting up delivery warehouses overseas, and widely attract foreign investors to participate in the Chinese futures market.

上期所早在1993年就上市了天然橡胶期货合约。经过多年发展，已成为全球交易规模最大的天然橡胶期货市场，在服务相关行业价格发现、套期保值方面发挥了积极的作用。

滕家伟介绍，2018年上期所天然橡胶期货成交量为6185万手（约合6.2亿吨），成交额7.36万亿元，在全球同类合约中继续排名首位。国内天然橡胶生产和贸易等大中型企业已经成为市场的重要参与力量。近几年来橡胶期货套期保值效率始终保持在80%以上。橡胶期货价格与相关市场高度关联，已成为行业贸易定价的重要参照基准。

滕家伟透露，上期所将加快改革开放步伐，更好地为橡胶产业高质量发展服务，继续努力做好以下几方面工作。一是增加产品供给，丰富橡胶产业风险管理工具。二是做精做细现有品种，进一步发挥期货市场的功能和作用。三是深化产业服务，有针对性地开展套期保值业务培训和市场推广，加强行业服务和现场指导，提升实体企业合理运用期货工具管理风险的能力和水平。四是推进对外开放，积极推动20号胶国际化进程，引入更多境外优质品牌注册，探索境外设置交割仓库的可行性，广泛吸引境外投资者参与中国期货市场。