China’s Dalian bourse to trade more chemicals

24 October 2008 09:59  [Source: ICIS news]

SHANGHAI (ICIS news)--China's Dalian Commodity Exchange (DCE) will launch more chemical products for futures trading on schedule, an official from DCE said on Friday.

“The new trading products include polyvinyl chloride (PVC) and polypropylene (PP), and DCE will try its best to perfect the futures trading system of chemical products,” the manager of DCE, Liu Xingqiang, said in Mandarin.

“We have not decided when to start the futures trading of these two products, because it needs to be approved by the China Securities Regulatory Commission,” he added.

DCE currently operates futures trading for just one chemical product: linear low density PE (LLDPE), said the DCE official.

DCE, founded in 1993, is one of four futures exchanges in China.

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By: Dolly Wu
+65 6780 4359

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