Risk Management Inc Continuously Assists In Production Of Masks And Other Anti Epidemic Materials.
At present, the prevention and control of new crown pneumonia is at the most critical stage. Risk Management Inc's own professional advantages and assistance in the production of masks and protective clothing are continuing.
Reporters learned yesterday, Guotai Junan Risk Management Inc, Xing Zheng Risk Management Inc, Zhejiang industrial enterprises for the production of anti epidemic materials and raw materials free production of polypropylene (PP) price insurance has recently landed effective.
Affected by the surge in epidemic prevention and control, domestic masks and protective clothing materials are in short supply. Melt blown layer is the most important barrier in the mask. Its fiber diameter is about 2 microns, only 1/10 of the spunbond layer diameter. It plays a vital role in preventing bacteria and blood osmosis. Although the price of melted cloth has exceeded 200 thousand yuan / ton in the market, it is still in short supply and can not meet the needs of epidemic prevention and control.
According to incomplete statistics from reporters, only one of the main raw materials of anti epidemic products, PP, has seen that 6 Risk Management Inc have used PP futures to provide free price insurance services for at least 5100 tons of PP raw materials for domestic production enterprises.
Jiangsu Jiahe chemical Limited by Share Ltd (Jiahe chemical industry), in response to the national call, set up a melted spray production line to provide raw materials for production masks and protective clothing. To solve the worries brought by PP price increase to enterprise production, Guotai Junan Risk Management Co., Ltd. provides free PP price insurance for Jiahe chemical industry. The insurance seeks to avoid the risk of rising raw material prices by buying PP's call spreads option. After the PP futures contract price exceeds 7145 yuan / ton, Jiahe chemical industry can get a compensation, with a maximum compensation of 125 yuan / ton. The insurance covers 1000 tons of PP, which can meet the 1 month production volume of Jiahe chemical industry and is expected to produce 250 million medical masks.
Jia Linjie, a wholly owned subsidiary of domestic listed company, Shanghai Jialin Jie Textile Technology Co., Ltd. (Jialin Jie textile) recently focused on the production of epidemic prevention and control related products, mainly including two kinds of disposable isolation clothing and medical cap, and the main raw material is PP. Xingxian Risk Management Co., Ltd. learned about this situation and worked together with Beijing branch of Xingye Securities Co., Ltd. to jointly customize and provide a PP2005 value barrier call option with a price of 7117 yuan per ton for Jia Linjie textile, with a scale of 400 tons. When Jialin Jie textile PP purchase price exceeds the agreed standard (the right price) and the price difference is below 50 yuan / ton, Xing Xing Risk Management Inc will make up the difference for Jialin Jie textile; if the purchase price exceeds the agreed standard and the price difference is higher than 50 yuan / ton, Xingzheng Risk Management Inc will pay 150 yuan / ton to Jialin Jie textile.
Zhejiang period industry is a partnership with Zhejiang products and chemical industry group (hereinafter referred to as product and chemical industry), which helps the mask manufacturers of chemical products to avoid the risk of raw material price fluctuation. Specifically, Zhejiang industrial free to provide chemical products with a flat Asian PP2005 expiration date of one month, with a scale of 500 tons. If the average price of the final month is higher than the transaction point price, the income generated by the option can be used to reduce the operating loss caused by the price rise of subsidized raw materials, and it is expected to hedge the risk of increasing the production cost of the 125 million masks.
At present, the epidemic situation is difficult. It is understood that there are more futures agencies to contribute to the epidemic prevention and control through various means.
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