·Chinese(gb) ·English ·ฉบับภาษาไทย ·Tiếng Việt
WAPWeb Accessibility RSS
Home About Liuzhou Government Liuzhou News Live in Liuzhou Travel in Liuzhou Invest in Liuzhou Interact
Current Location:  Home > Liuzhou News > China
 
China to roll out options for rubber, cotton, corn
 
Date:2019-01-08  Source:Xinhua

China will launch options contracts for rubber, cotton, and corn on January 28, the country's top securities regulator said Friday.

The China Securities Regulatory Commission has given the nod to start rubber options on the Shanghai Futures Exchange, cotton options on the Zhengzhou Commodity Exchange and corn options on the Dalian Commodity Exchange as part of the government's drive to promote more complex agricultural trading tools.

Options give the holder the right to buy or sell a commodity at a particular strike price and allow greater hedging flexibility for Chinese processors and traders.

Spot commodity prices of rubber, cotton, and corn have seen frequent fluctuations in recent years, and the trading of related options will help firms manage risks in an individualized and sophisticated manner, said CSRC spokesperson Gao Li.

It will also help reduce insurance costs for farmers and better serve the vitalization of rural areas, Gao added.

   Print   To Top    Close  
0
Last Text: || Next Text:Chinese enterprises eye green growth

Related Articles

China to upgrade comprehensive bonded areas
China's farm produce prices continue to climb
China to further widen market access for foreign investors
China simplifies approval rules for new auto joint ventures
China's iron and steel industry maintains steady growth
China, Indonesia sign currency swap deal
China's gold consumption continues to grow
China's courier sector steadies in first 3 quarters
China advances to global top 50 in business climate: World Bank
Chinese banks at forefront of cross-border payment innovation
   
Home  │ About Liuzhou  │ Site Map  │ Service and Privacy │ FAQ │ Download Forms   │ Contact Us
Copyright (C) 2006 The People's Government of Liuzhou Municipality,All Rights Reserved
Sponsored by Liuzhou Informational Leading Group Office (The Bureau Of The Information Industry Of Liuzhou)
Prepared by Liuzhou Network Management Centre Address:No. 66, Sanzhong Road, Liuzhou, China
ICP Certificate No.05009280