On March 29, the "2024 13th China Cement Industry Summit Main Forum and TOP100 Award Ceremony" was held grandly. At the meeting, Yang Zihao, assistant manager of Zhengzhou Commodity Exchange, made a keynote report on "Futures Helps Cement Market Develop Steadily".
He said that the futures market can provide price signals for the cement market to help business decisions, provide price reference, improve coordination and consistency, lock sales profits and procurement costs through hedging, and help enterprises reduce capital costs through margin mechanism; To provide futures power for the standardization and development of the industry, it can help enterprises better cope with market risks and promote better and more stable development of the industry with high quality.
