Newsletter summary

The Dalian Commodity Exchange recently announced the cancellation of the designated corn warehouse of China National Grain Storage and Transportation Co., Ltd., as well as the addition of three new corn group delivery warehouses and name changes, a move that has an important impact on investors in the secondary market.

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Dalian Commodity Exchange adjusts the corn delivery warehouse [Dalian Commodity Exchange adjusts the corn delivery warehouse, cancels the qualification of the designated corn warehouse of China Grain Storage and Transportation Co., Ltd., and adds three new corn group delivery warehouses. On April 26, Dalian Commodity Exchange issued a notice to adjust the corn delivery warehouse in accordance with the relevant regulations. First of all, cancel the corn designated warehouse qualification of China Grain Storage and Transportation Co., Ltd., but retain its qualification as the corn group delivery warehouse. In addition, the new additionDeuceswildvideoThe delivery warehouses of three corn groups areDeuceswildvideoChina supply and Marketing Grain and Oil Co., Ltd. (sub-warehouse is supply and marketing grain and oil Shuangyashan Co., Ltd.), Henan Grain Investment Group Co., Ltd. (sub-warehouse is Henan Grain Group Jilin Grain Industry Co., Ltd.), China Grain Storage and Transportation Co., Ltd. (the sub-warehouse is the Central Reserve Grain Baicheng Direct Depot Co., Ltd.). At the same time, the names of the former "Huafeng Group Songyuan Grain transfer Depot Co., Ltd." and "Jilin Dehui Xinliang Grain Reserve Co., Ltd." have been changed. Cofco Trade Songyuan Grain Storage and Transportation Co., Ltd. and Cofco Trade Changchun Co., Ltd. inherited their rights and obligations respectively. The above adjustments will take effect from now on. Dalian Commodity Exchange also provides a list of designated corn delivery warehouses and corn futures delivery-related fees for market participants to consult. The warehouses involved in this adjustment are all within the designated scope of the Dalian Commodity Exchange and may have a certain impact on corn futures trading and positions. Market participants should pay close attention to relevant changes and do a good job in risk management. The adjustment of the corn futures delivery warehouse of Dalian Commodity Exchange aims to standardize the market operation and improve the delivery efficiency. For the corn futures market, the qualification and operation of the delivery warehouse directly affect the delivery quality of the futures contract, and then affect the market price. In the future, Dalian Commodity Exchange will continue to optimize the layout and management of delivery warehouses to promote the healthy development of the futures market. At the same time, the Dalian Commodity Exchange will also strengthen communication with all parties to jointly maintain market order and protect the interests of investors. For investors, changes in delivery warehouses may lead to new investment opportunities. Investors should pay close attention to the relevant information and formulate investment strategies reasonably. At the same time, investors should also strengthen risk management to avoid unnecessary losses caused by information asymmetry. In short, the adjustment of the corn delivery warehouse by Dalian Commodity Exchange is an important measure to standardize market operation and improve delivery efficiency. For market participants, it is both an opportunity and a challenge. Hope that all parties can respond actively and jointly promote the development of corn futures market.