China’s DCE conducts study on launching PP futures trading

27 April 2010 07:18  [Source: ICIS news]

SHANGHAI (ICIS news)--China’s Dalian Commodity Exchange (DCE) is conducting a study on launching polypropylene (PP) futures trading after starting polyvinyl chloride (PVC) futures trading last year, a source from the DCE said on Tuesday.

"We are doing a study on PP futures now, and the next step is to look for some physical delivery warehouses," the source said.

"At the earliest, the study and some relevant documents will be submitted to the central government at the end of this year," the source added.

However, the source did not reveal when the PP formal trading would begin.

Current commodity futures traded on the exchange include corn, soybean, soybean oil, soybean meal and palm oil, PVC and linear low density polyethylene (LLDPE).

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By: Judith Wang
+65 6780 4359



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