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Pulp, the principal raw material for paper, is the fibrous material obtained from softwoods. SHFE’s pulp futures contract is based on the bleached softwood kraft pulp, which is used for making tissues, books, office paper, etc.

SHFE Woodpulp options are options on SHFE Woodpulp futures. Woodpulp options were listed on September 10, 2025.

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SHFE Woodpulp options are options on SHFE Woodpulp futures. Woodpulp options were listed on September 10, 2025.

For detail information of underlying index, please visit the website of Shanghai Shipping Exchange. Web:
https://en.sse.net.cn/indices/introduction_scfis_new.jsp

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