According to the news from Zhengzhou Commodity Exchange (hereinafter referred to as Zheng Shangsuo), recently, Zheng Shangsuo signed a strategic cooperation framework agreement with COFCO Group Co., Ltd. (hereinafter referred to as COFCO group), which aims to give full play to the industrial and financial advantages of both sides, jointly promote the cooperation docking and innovative development of futures and spot markets, and improve the ability of futures markets to serve national strategies and high-quality development of real economy, And the international influence of China's futures market and the voice of international pricing of bulk commodities.
Zhengshang exchange is the only futures exchange in the central and western regions. Since its establishment 31 years ago, adhering to the purpose of serving the real economy, it has listed 23 futures varieties such as cotton and sugar and 6 option varieties such as PTA. The variety system covers important fields of the national economy such as agriculture, energy, chemical industry, building materials and metallurgy, and plays an increasingly positive role in promoting the stable development of relevant industries. COFCO group is an international first-class grain enterprise based in China. It is an agricultural, grain, oil and food enterprise with global layout, the whole industrial chain and the largest market and development potential. It is a state-owned capital investment company integrating trade, processing, sales and R & D to effectively ensure China's grain and oil supply in a market-oriented manner, It plays an active role in helping agricultural modernization and Rural Revitalization.
Sugar, cotton and oil are the common "key words" of both sides and have always been the key areas of cooperation. According to the agreement, the two sides will jointly carry out research on national and industrial policies of futures market service, and promote the transformation of research results; Promote the R & D and listing of new varieties including characteristic Shenzhen Agricultural Products Group Co.Ltd(000061) ; Explore the potential path of variety internationalization; Strengthen docking and cooperation in the innovation modes and tools of serving the real economy in futures markets such as industrial bases, "insurance + futures", basis trade and OTC platforms.
