Three guinness in futures business

23/09/2013 16:33

Zhejiang three guinness rubber co., LTD., disclosure to avoid the natural rubber price fluctuations may be detrimental to the company production and operation, with the approval of the board of directors review company 2013 annual in less than 20 million yuan investment quota of natural rubber hedging operations.

Three guinness said the company is engaged in the varieties of futures hedging operations, is limited to the manufacture of natural rubber raw materials, and the company is engaged in hedging in futures markets is limited to the business, not for speculation and arbitrage. In addition, the company will match the hedging business with the company's production and operation, only in the domestic futures exchange, and price fluctuation in the greatest degree hedge risk.