ResearchTech Finance2026-09-02
USD/CNY Flat at 6.7199; Import Hedge Window Narrows to 0.35%
On Sep 2, USD/CNY settled at 6.7199 (flat), translating Brent and WTI import costs to ¥632.5/bbl and ¥600.8/bbl respectively; volatility of import-cost equivalents for fuel oil, asphalt, and natural rubber rose to 1.82%, up 47 bps w/w. Recommended: spot settlement + 3-month forward point pricing for 50% exposure.