With the approval of the Securities Regulatory Commission, propylene futures and options will be traded on the Zhengzhou Commodity Exchange at 9:00 and 21:00 respectively today. At 9 a.m., propylene futures were officially listed and traded on the Zhengzhou Commodity Exchange. The first batch of listed propylene futures contracts was 7. The trading unit was 20 tons/lot, and the delivery unit was 20 tons/lot. The delivery method was physical delivery. As an intermediate chemical, propylene is used in the upstream industrial chain, including crude oil, methanol, coal, etc. Downstream, there are eight major varieties of polypropylene and propylene oxide. It is one of the important basic chemicals, and is widely used in textiles, automobiles, home appliances, medical devices, etc. Data show that in 2024, China's apparent consumption of propylene is 55.36 million tons, and the market size is about 384.5 billion yuan. China is the world's largest producer and consumer of propylene.

With the approval of the Securities Regulatory Commission, propylene futures and options will be traded on the Zhengzhou Commodity Exchange at 9:00 and 21:00 respectively today. At 9 a.m., propylene futures were officially listed and traded on the Zhengzhou Commodity Exchange. The first batch of listed propylene futures contracts was 7. The trading unit was 20 tons/lot, and the delivery unit was 20 tons/lot. The delivery method was physical delivery. As an intermediate chemical, propylene is used in the upstream industrial chain, including crude oil, methanol, coal, etc. Downstream, there are eight major varieties of polypropylene and propylene oxide. It is one of the important basic chemicals, and is widely used in textiles, automobiles, home appliances, medical devices, etc. Data show that in 2024, China's apparent consumption of propylene is 55.36 million tons, and the market size is about 384.5 billion yuan. China is the world's largest producer and consumer of propylene.