China’s leading commodities exchanges have announced plans to broaden access for foreign investors, allowing them to trade a wider range of derivatives products starting March 4. Qualified Foreign Institutional Investors (QFIIs) and RMB Qualified Foreign Institutional Investors (RQFIIs) will now be able to participate in trading various futures and options contracts across multiple exchanges.
The Shanghai Futures Exchange will open trading for stainless steel, fuel oil, pulp, and container freight (European line) futures, as well as silver and steel rebar options. Meanwhile, the Guangzhou Futures Exchange will permit trading of industrial silicon, lithium carbonate, and polysilicon futures and options.
The Dalian Commodity Exchange will offer polypropylene, polyvinyl chloride, and styrene futures and options to foreign investors. Additionally, the Zhengzhou Commodity Exchange will allow trading of paraxylene, silico-manganese, rapeseed meal, peanut futures, and options contracts for paraxylene, bottle flakes, silico-manganese, rapeseed meal, peanuts, and staple fiber.
This move is part of China’s ongoing efforts to liberalize its financial markets and attract more foreign investment. By expanding the range of tradable commodities, the country aims to enhance market liquidity and strengthen its position as a global trading hub.