BEIJING, Dec. 2 (Xinhua) China top securities watchdog has greenlighted the trading of industrial silicon futures and options in Guangzhou Futures Exchange.
The China Securities Regulatory Commission website reported on December 2 that the China Securities Regulatory Commission recently approved the Guangzhou Futures Exchange to carry out industrial silicon futures and options trading. In the next step, the China Securities Regulatory Commission will urge the Guangzhou Futures Exchange to make solid preparations for the listing of industrial silicon futures and options to ensure the smooth launch and stable operation of industrial silicon futures and options.
Domestic industrial silicon metal output stood at 300,000 mt in November, an increase of 10% month on month and 29.5% year on year, according to SMM survey.