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.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections