The Zhengzhou Commodity Exchange set the benchmark price for the first batch of sunflower oil futures contracts at 10,000 yuan per tonne. The SO2705, SO2707, SO2709, and SO2711 contracts are scheduled to be listed on November 12, 2026.
The new contracts provide a domestic hedging and price-discovery instrument for China’s sunflower oil market, but setting a listing benchmark alone does not change physical supply or demand. Any price effect is likely limited unless trading reveals new market expectations.
Not enough comparable past events yet for a historical read.
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