The First Delivery Of Offset Printing Paper Futures Has Been Completed, With 1,840 Tons Delivered, Amounting To Nearly 7.6 Million Yuan.

On January 19, the first contract of offset printing paper futures on the Shanghai Futures Exchange (hereinafter referred to as the Shanghai Futures Exchange), OP2601, was successfully delivered, with a total delivery volume of 1,840 tons in 46 lots and a delivery amount of nearly 7.6 million yuan. Since the listing of offset printing paper futures on September 10, 2025, trading has been smooth, corporate participation has continued to increase, various business processes have been smoothly connected, and market functions have been gradually exerted. As of January 15, 2026, a total of 309,500 lots were traded, with a total turnover of 51.387 billion yuan.

The relevant person in charge of Xiamen International Trade Paper Co., Ltd. said that the spot market linkage of offset printing paper futures is good, and the futures price fully reflects the market supply and demand and its expected changes. The delivery and settlement price of the first OP2601 contract of offset printing paper futures truly reflects the domestic spot price, which will help promote the effective docking of the futures market and the use of risk management tools, and will further improve and improve the hedging system of the papermaking industry chain, and provide more flexible means for enterprise risk hedging together with pulp futures.

As one of the first batch of deliverable brand manufacturers and the first batch of delivery plants, the relevant person in charge of Shandong Huatai Paper Co., Ltd. said that the company actively participates in the offset printing paper futures market, locks in profits in advance by participating in futures, broadens sales channels, enriches sales strategies, and achieves steady operation and sustainable development. The smooth opening of the delivery link of offset printing paper futures will accelerate the formation of an open, transparent and fair market price of offset printing paper and fill the gap in domestic cultural paper financial derivatives.

As one of the futures service providers for this delivery, the relevant person in charge of Galaxy Futures said that the Shanghai Futures Exchange has always adhered to the responsibility of serving the real economy and continued to ensure the stable operation of offset printing paper futures through various refined services. Galaxy Futures uses various forms to assist entity enterprises to successfully complete the first delivery of offset printing paper futures. On January 15, 2026, the Shanghai Futures Exchange will launch the delivery of offset printing paper to negotiate the quotation of the guide price of the discount, which can effectively meet the needs of entity enterprises for different quantification, brightness and non-certified brands of offset printing paper, and provide tools for our country's cultural paper industry chain enterprises to accurately manage the risk of price fluctuations.

On January 12, Wuchan Zhongda Chemical Group Co., Ltd. and Suzhou Shanda Supply Chain Co., Ltd. completed the first warehouse receipt transfer before the delivery of the period. As a futures service provider for this cash-out business, the relevant person in charge of CITIC Futures said that compared with the centralized delivery of contracts at maturity, the cash-out business has strong flexibility in terms of time arrangement, quantity scale, delivery location and quality standards, which helps to accurately match the actual needs of buyers and sellers and reduce the delivery cost of enterprises. According to customer needs, CITIC Futures assists buyers and sellers to efficiently connect spot resources and futures positions, promote the smooth connection between futures prices and spot trade, and ensure that the cash-out process is standardized, orderly and efficient.

The relevant person in charge of the Shanghai Futures Exchange said that it will continue to serve the real economy as its mission, strengthen overall coordination with a high sense of responsibility, earnestly perform the responsibilities of market supervision and risk prevention, and pay close attention to market voices, continuously optimize the delivery process, continue to improve the fit of the futures market, and ensure the stable operation and function of offset printing paper futures.