On July 5th, the reporter learned that "Kunlun" brand linear low density polyethylene produced by four refineries including Daqing Petrochemical Company and "Kunlun" brand polypropylene products produced by 11 refineries including Dagang Petrochemical Company have recently officially become the futures delivery brand of Dalian Commodity Exchange, which indicates that China Petroleum has made a key breakthrough in promoting the group delivery of polyolefin products.

In recent years, with the rapid development of domestic energy and chemical products futures trading, warehouse receipt delivery has gradually become an important sales channel for enterprises. As an application enterprise for China petroleum delivery brand qualification, international business companies gave full play to the advantages of integrated operation, combined with the fact that there are many oil refineries in China and only one trademark was used, fully communicated with Dashang, fully assisted in carrying out a series of work such as material optimization and field visits of production enterprises, and finally signed a contract with Dashang to complete the delivery brand registration.

For a long time, China Petroleum has actively participated in the trading of chemical products on domestic futures exchanges, helping to enhance the vitality of the industry. The company carried out a variety of chemical futures trading in Dashang, and completed the first transaction of two futures products, namely ethylene glycol and liquefied natural gas. Participating in the futures trading of natural rubber varieties in Shanghai Futures Exchange and methanol, soda ash, urea and other varieties in Zhengzhou Commodity Exchange effectively improved the company's risk management ability and comprehensive competitiveness.