In 2023, the cumulative trading volume of natural rubber futures reached 86.7692 million lots, an increase of 8.95% year-on-year, while the cumulative trading volume of TSR 20 futures reached 19.4563 million lots, marking a 43.15% year-on-year increase. In July 2023, the world's first synthetic rubber futures and options, based on butadiene rubber, were listed, which holds significant importance in enriching risk management tools for China's rubber industry chain and promoting high-quality development in the sector. The international influence of "Shanghai Rubber" prices continues to consolidate and improve.

After 30 years of development, natural rubber futures have become the pricing benchmark for domestic trade, providing reference basis for decision-making in relevant government departments and industry associations. Since its launch in 2019, TSR 20 futures' international influence has steadily grown, gradually becoming the "anchor" for China's natural rubber cross-border trade pricing. In 2023, nearly 2 million tons of cross-border trade were linked to TSR 20 futures prices, accounting for over 30% of China's natural rubber imports.

The Shanghai Futures Exchange (SHFE) has been implementing the "Insurance + Futures" project for natural rubber for seven consecutive years, with a cumulative investment of nearly 720 million yuan, safeguarding nearly 880,000 tons of natural rubber spot production, covering 31 cities and counties in Yunnan and Hainan, benefiting nearly 900,000 rubber farmers. The "Options Stabilize Production Action" project ensures stable income for rubber tappers by redeeming positive returns generated from over-the-counter options, thereby ensuring both the income of rubber farmers and the raw material supply of rubber enterprises, stabilizing the operation and development of the rubber industry.

Next, SHFE will further implement the spirit of the Central Economic Work Conference and the Central Financial Work Conference, adhering to the fundamental principle of serving the real economy. It will accelerate the improvement of the variety sequence, continuously enhance the influence of "Shanghai prices," actively explore diversified paths for opening up, strengthen cooperation with industry associations and leading enterprises, solidly carry out market promotion activities, refine and strengthen service brands such as "Strong Source Assistance to Enterprises" and "Enterprise Deep Cultivation Plan," construct high-quality production-finance service bases, continuously guide industrial customers to actively participate in the futures market, ensure the stable operation of the rubber futures market, and provide high-quality services for the sustainable development of China's rubber industry.