The Zhengzhou Commodity Exchange set the listing benchmark price at 10,000 yuan per ton for the first batch of sunflower seed oil futures contracts (SO2705, SO2707, SO2709, SO2711). Trading in these contracts is scheduled to begin on November 12, 2026.
A new futures contract gives China's sunflower oil market a price-discovery and hedging venue, which may affect how sunflower meal and oil trade are priced. The launch itself does not change current supply, so the immediate price impact is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.