On December 27th, Guangzhou Futures Exchange’s new energy metal products sector welcomed a new member – polysilicon futures, which officially went public on December 26th. This is another new energy metal variety that has been widely listed after industrial silicon and lithium carbonate. According to market feedback, the market has a high level of enthusiasm for participating in polysilicon futures. On the day of the listing of polycrystalline silicon futures, the transaction volume exceeded 40 billion yuan. As of the close, the trading volume of polysilicon futures was 331300 lots, with a holding volume of 39700 lots and a turnover of 41.635 billion yuan. It is understood that the listing of polycrystalline silicon futures is beneficial for the photovoltaic industry to reduce costs and increase efficiency, serve supply chain security, guide and regulate the rational layout of various sectors in the industry chain, and accelerate the formation of new quality productivity in the photovoltaic industry. (Shanghai Securities News)
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