On April 29, 2026, the first plenary meeting of 2026 of the Special Risk Management Committee for Commodity Central Clearing Business of Shanghai Clearing House (hereinafter referred to as the Commodity Special Committee) was successfully held. Dai Deyi, Deputy General Manager of Shanghai Clearing House (SHCH), attended the meeting and delivered a speech. Shen Zhonglei, Chairperson of the Commodity Special Committee and Deputy General Manager of the Precious Metals & Commodities Department of China Construction Bank, together with more than 40 representatives from member institutions and experts of the Committee, participated in the meeting.
Affiliated to the Risk Management Committee of SHCH, the Commodity Special Committee is a professional working mechanism established by SHCH to enhance risk management capacity, product innovation capability and market service capacity in commodity central clearing and carbon finance businesses. It consists of three working groups, namely Commodity Clearing Net, Derivatives and Carbon Finance. Its initial composition includes 16 member institutions and 2 experts. The Committee aims to pool industry forces to jointly build an ecosystem for OTC commodity central clearing, helping SHCH achieve its long term vision of becoming “a major central clearing institution for nationwide OTC commodity transactions”.
At the outset of the meeting, Deputy General Manager Dai Deyi briefed participants on positive progress SHCH had made in commodity and carbon finance businesses since 2025, and put forward expectations for the work of the Commodity Special Committee. Subsequently, the meeting reviewed and adopted two proposals: the Rules of Procedure of the Special Risk Management Committee for Commodity Central Clearing Business and the list of initial members of the Committee. A commodity expert from China Construction Bank analysed and assessed price trends of precious metals and commodities amid the current geopolitical situation in the Middle East. The person in charge of Commodity Clearing Department of SHCH reported on the development of commodity clearing net, commodity derivatives and carbon finance businesses as well as future work plans. Representatives from six member institutions and two experts respectively shared the latest market developments and their participation in SHCH’s businesses, and put forward suggestions on more precisely aligning with practical market needs of commodities, optimizing product design schemes, and giving full play to the professional strengths of working groups.
