SMM

Zhang Ye, president of the Shanghai Shipping Exchange, said in a speech at the shipping index futures listing event that the consolidation index (European line) futures are the first shipping index futures products in China, and its listing will help the financial center strengthen the allocation of resources and assists the Shipping Center to improve the service so as to implement the strategy of transportation power better. For the global shipping industry, index futures provide a reference for long-term freight prediction and a useful freight risk management tool, which not only improves the anti-risk ability of business entities but also plays a role in stabilizing and strengthening the industrial chains.