-
市場
-
產品
-
資訊
-
Moo社區
-
課堂
-
查看更多
-
功能介紹
-
費用費用透明,無最低余額限制
投資選擇、功能介紹、費用相關信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 淺色
Singapore Bourse Follows Global Rivals With EV Metals Futures
Singapore Bourse Follows Global Rivals With EV Metals Futures
$SGX (S68.SG)$ is set to launch its first lithium and cobalt contracts, adding to efforts by commodity exchanges to get battery materials companies and investors interested in using futures.
SGX is due to kick off trading in two lithium and two cobalt contracts on Monday. The London Metal Exchange and $CME Group (CME.US)$ already offer futures for both metals, although trading liquidity is still far below established commodities contracts.
Demand for battery minerals is expanding rapidly as the global auto industry accelerates a push toward electric vehicles, triggering big price swings. A global index of lithium prices has more than quadrupled in the past year, while Chinese lithium carbonate just hit a fresh record last week.
While unprecedented price spikes have sparked calls for greater transparency in pricing, analysts have pointed to hurdles for contracts to gain traction -- from the relative complexity of the markets, to a greater reliance on long-term supply deals that contrain spot trading.
"In the case of lithium, miners and lithium converters often tie their volumes to long-term contracts," said Leah Chen, analyst at S&P Global Commodity Insights. "Without the physical delivery of cargoes, it will be a paper market and there may be the risk of it falling into the space of speculation without providing the security from hedging."
The SGX is launching four contracts on Monday: battery-grade lithium carbonate and lithium hydroxide, plus cobalt metal and cobalt hydroxide. Open interest on both the CME and LME lithium hydroxide contracts was at zero as of Sept. 22.
As higher raw materials prices raise battery costs and threaten the pace of EV adoption, automakers and battery manufacturers have been trying to lock in future supplies of minerals amid fears of a deepening shortage. That includes offtake deals and multi-year supply partnerships between upstream and downstream companies.
"The benefit of this over futures contracts for miners is that it increasingly results in direct equity investment in extraction operations," said Martin Jackson, senior analyst at CRU Group. "As long as that spot market remains the minority of traded material, liquidity will limit the potential of futures trading."
$SGX (S68.SG)$ is set to launch its first lithium and cobalt contracts, adding to efforts by commodity exchanges to get battery materials companies and investors interested in using futures.
$新加坡交易所 (S68.SG)$該公司將推出首個鋰和鈷合約,進一步推動大宗商品交易所努力讓電池材料公司和投資者對使用期貨感興趣。
SGX is due to kick off trading in two lithium and two cobalt contracts on Monday. The London Metal Exchange and $CME Group (CME.US)$ already offer futures for both metals, although trading liquidity is still far below established commodities contracts.
新交所定於週一啟動兩種鋰和兩種鈷合約的交易。倫敦金屬交易所和$芝加哥商品交易所 (CME.US)$已經提供了這兩種金屬的期貨,儘管交易流動性仍遠低於現有的大宗商品合約。
Demand for battery minerals is expanding rapidly as the global auto industry accelerates a push toward electric vehicles, triggering big price swings. A global index of lithium prices has more than quadrupled in the past year, while Chinese lithium carbonate just hit a fresh record last week.
隨着全球汽車業加速推動電動汽車的發展,對電池礦物的需求正在迅速擴大,引發了價格的大幅波動。全球鋰價格指數在過去一年裏上漲了四倍多,而中國的碳酸鋰上週剛剛創下新的紀錄。
While unprecedented price spikes have sparked calls for greater transparency in pricing, analysts have pointed to hurdles for contracts to gain traction -- from the relative complexity of the markets, to a greater reliance on long-term supply deals that contrain spot trading.
雖然史無前例的價格飆升引發了要求提高定價透明度的呼聲,但分析師指出了合約獲得吸引力的障礙--從市場的相對複雜性,到更多地依賴長期供應協議,這削弱了現貨交易。
"In the case of lithium, miners and lithium converters often tie their volumes to long-term contracts," said Leah Chen, analyst at S&P Global Commodity Insights. "Without the physical delivery of cargoes, it will be a paper market and there may be the risk of it falling into the space of speculation without providing the security from hedging."
標普全球大宗商品研究公司(S&P Global Commodity Insights)分析師Leah Chen表示:“就鋰而言,礦商和鋰冶煉廠的產量往往與長期合同掛鈎。”“如果沒有實貨交割,這將是一個紙質市場,在沒有提供對衝保障的情況下,可能會陷入投機空間。”
The SGX is launching four contracts on Monday: battery-grade lithium carbonate and lithium hydroxide, plus cobalt metal and cobalt hydroxide. Open interest on both the CME and LME lithium hydroxide contracts was at zero as of Sept. 22.
新加坡交易所週一將推出四種合約:電池級碳酸鋰和氫氧化鋰,以及金屬鈷和氫氧化鈷。截至9月1日,CME和LME氫氧化鋰合約的未平倉權益均為零。22.
As higher raw materials prices raise battery costs and threaten the pace of EV adoption, automakers and battery manufacturers have been trying to lock in future supplies of minerals amid fears of a deepening shortage. That includes offtake deals and multi-year supply partnerships between upstream and downstream companies.
隨着原材料價格上漲提高了電池成本,並威脅到電動汽車的採用速度,汽車製造商和電池製造商一直在努力鎖定未來的礦物供應,因為他們擔心短缺加劇。這包括承購協議和上下游公司之間的多年供應合作伙伴關係。
"The benefit of this over futures contracts for miners is that it increasingly results in direct equity investment in extraction operations," said Martin Jackson, senior analyst at CRU Group. "As long as that spot market remains the minority of traded material, liquidity will limit the potential of futures trading."
CRU Group高級分析師馬丁·傑克遜(Martin Jackson)表示:“與期貨合約相比,這對礦商的好處是,它越來越多地導致對開採業務的直接股權投資。”“只要現貨市場仍是交易材料中的少數,流動性就會限制期貨交易的潛力。”
moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
風險及免責聲明
moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧