15 May 2009 10:31 [Source: ICIS news]
"China Securities Regulatory Commission (CSRC) has approved PVC contract specification recently and we will release the detailed information on listing later on Friday," the source said.
PVC will become the second chemical product futures traded by the exchange after linear low density polyethylene (LLDPE).
The daily cap on price movement was proposed to be 4% of the previous day's settlement price, DCE said on its website.
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