the ethylene glycol option and the styrene option were listed on the Dalian Commodity Exchange (referred to as DCE) for trading

On the 15th, after being approved for registration by the China Securities Regulatory Commission, the ethylene glycol option and the styrene option were listed on the Dalian Commodity Exchange (referred to as DCE) for trading. With this, the DCE's chemical sector has achieved full coverage of futures and options tools.

It is reported that in December 2018 and September 2019, the ethylene glycol and styrene futures were successively listed on the DCE. After years of development, the two varieties of futures have been fully utilized and their market influence has continued to expand, making them eligible for the launch of relevant options.

Yan Shaoming, the General Manager of the DCE, stated that ethylene glycol and styrene are important basic products in the chemical industry. After the listing of the two options, the DCE's chemical sector will achieve the coordinated development of the full supply chain of futures and options, further enhancing the efficiency and accuracy of risk management for enterprises in the chemical industry chain.

Currently, 13 option varieties have been listed on the DCE, and the concerted promotion effect between the futures and options markets has accelerated. In 2022, the trading volume and daily average open interest of options on DCE were 180 million contracts and 1.73 million contracts respectively, representing increases of 75% and 31% over the previous year.