On March 22nd, the Yangtze River Delta Temperature Index (series) was released in Shanghai. Lu Feng, Deputy General Manager of the Shanghai Futures Exchange, stated that it will strengthen cooperation with meteorological, financial, and university departments such as the China Academy of Meteorological Sciences and the National Meteorological Information Center to do a good job in the research and development of financial derivatives such as the Yangtze River Delta temperature index futures. It is reported that the index series includes daily temperature index, monthly temperature index, daily cooling index, monthly cooling index, daily heating index, and monthly heating index. It is a measurement tool designed to serve the stable operation of climate sensitive enterprises such as gas, electricity, and agriculture based on the risk management needs of temperature changes in the Yangtze River Delta region. (Reporter Zhou Xiaoya)
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