China'S First Leather Trading Variety Listed In Yongzhou

< p > > a href= "http://sjfzxm.com/news/index_h.asp" > Ningbo > /a > commodity exchange sixth varieties of wet blue leather are listed. This is also the first leather trade in China.

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P has always been the vane of the global market, and its price fluctuation will have a certain impact on the price of all countries.

The listing of cattle blue wet leather will help to form a unified domestic price, which will become a new leather pricing center.

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< p > daily limit is set to + 4% < /p >

< p > compared with the previous 5 varieties, the blue wet leather contract is relatively "mini".

Its trading unit is 100 square feet / hand, about 1200 yuan / hand, to adopt margin trading.

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< p > "cow blue wet leather is a brand new variety. When we customize the trading contract and delivery unit, we should fully consider the spot trade function to meet the physical needs of production enterprises, consumer enterprises and traders."

Zhu Jinxiang, general manager of Yongshang, told reporters.

According to the spot market statistics, the price of cattle blue wet leather is larger than that of other varieties, so Yongshang has set the daily limit of cattle blue wet leather to + 4%.

Considering that the single paction in the spot market of cattle wet blue leather is usually 200 sheets of leather (1 sheets of leather is about 50 square feet), so Ningbo has set the minimum delivery unit for the wet blue leather to 10000 square feet, and the volume must be an integral multiple of 10000 square feet.

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< p > because the investment threshold of this variety is not high. In an interview with reporters, it was found that some investors first went for early adopters yesterday.

Unlike other commodities, leather varieties are easy to understand.

Moreover, judging from the trend of leather varieties, it is at a low level, and I think it still has great investment value.

Zhu Fangbin, the public, lamented.

But more investors said they had to wait and see for a while.

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On the first day of listing, the blue wet leather of P rose at 1368 yuan / 100 square feet, or 3.93%.

The paction volume reached 17 million 730 thousand square feet, with a turnover of 246 million 800 thousand yuan.

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< p > Zhejiang is expected to become the price center of leather raw materials < /p >

Another function of < p > < a href= "http://sjfzxm.com/news/index_cj.as > > blue wet leather trade > /a > is to reduce enterprise risk through hedging. For Zhejiang leather industry and Yongcheng leather related enterprises, the listing and trading of this variety is also a good thing.

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< p > over the past 18 months, the price of leather and leather in leather industry has gone up unprecedentedly. Tanning enterprises are facing the dilemma of shifting production costs to the downstream shoe factories and garment factories.

"At the moment, we can not see the vertex of the market. If we can not lock prices, enterprises will not lose profits, but the loss will become bigger and bigger."

Dai, general manager of a leather manufacturing enterprise in Haining, said he was troubled by the rising price of leather.

Increasing inventories has become the main way to resist rising prices of leather raw materials, "but it takes up a large part of our liquidity.

Warehousing costs are not small. "

Mr. Dai told reporters that they would use the electronic trading of cattle blue wet leather to control the risk and reduce the occupation of liquid capital.

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< p > in fact, the listing of this variety is also expected to make Zhejiang the price center of leather raw materials.

The reporter understands, at present, American cowhide is the vane of the global market, and its price fluctuation will have certain influence on the price of all countries' cowhide.

In fact, China is an important producer of leather in the world. In 2012, the output of light leather (pig, cattle and sheep leather) reached 747 million square meters, with a total output value of 170 billion 500 million yuan.

The listing of bovine wet blue leather will also help to form a unified national price.

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At present, < a href= "http://sjfzxm.com/news/index_h.asp" > Yongshang < /a >, 5 varieties of cathodic copper, PVC and LNG have been traded on the market, covering all fields such as metals, chemical industry, energy and so on.

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