Pulp futures is a variety listed on Shanghai Futures Exchange, and its trading rules and operation methods are similar to other futures varieties.

Option is a financial derivative, which gives the holder the right to buy and sell the underlying assets at a specific price within a specific time, but not the obligation. Pulp option refers to the option of pulp futures, that is, on the basis of pulp futures, it gives the holder the right to buy and sell pulp at a specific price at a certain point in the future.