Xiamen C&D Pulp & Paper Group Receives Approval to Triple Pulp Storage Capacity

Xiamen C&D Pulp & Paper Group Co., Ltd. has received approval to increase the storage capacity of its bleached sulfate softwood pulp warehouse from 10,000 tonnes to 30,000 tonnes.

The decision was announced by the Shanghai Futures Exchange following a review conducted in accordance with the exchange’s Delivery Warehouse Management Measures and Bleached Sulfate Softwood Pulp Futures Business Rules.

Under the approval, the company’s designated pulp warehouse capacity has been expanded by 20,000 tonnes, allowing it to handle a larger volume of bleached sulfate softwood pulp associated with futures market operations.

The Shanghai Futures Exchange stated that the increased storage capacity takes effect immediately from the date of the announcement. Xiamen C&D Pulp & Paper Group will conduct pulp futures warehouse standard receipt business based on the revised capacity allocation.

The exchange also instructed the company to strictly implement relevant regulations, strengthen operational management, and ensure the normal and orderly operation of its pulp warehousing business.

The capacity increase is expected to enhance the warehouse’s role in supporting the delivery and storage requirements of China’s pulp futures market.