Nan Yang: start the cotton options traded - as soon as possible Textile information - Textile net - Textile integrated service provider

September 17 and 18, sponsored by zhengzhou, the cotton information center co. , LTD. , to undertake on cotton enterprise option hedging training held in jinan, wading cotton enterprises from 100 150 business people, took part in the training. Zhengzhou relevant controller introduces, cotton is the reform of our country agricultural product price target varieties, and nan Yang 'insurance + futures varieties of pilot projects. For cotton options trading, for service, cotton and textile industry in China has great realistic significance. In June this year cotton options after the project is approved, nan Yang made cotton options listed work plan, contract design, complete system, the simulation trading, market maker selection, technical system internal testing and investor education work is orderly. For approval as soon as possible after the launch of cotton options contracts traded. In cotton storage information center chief economist Feng Mengxiao argues that under the current complex trade background, Chinese cotton industry and the global cotton market entered a new period, running on the middle and lower reaches of the industrial chain of cotton face more uncertainty, cotton options, will be conducive to promote wade cotton enterprise risk management ability, help to cotton period, spot market running smoothly.