China’s Zhengzhou exchange postpones methanol futures trading
22 July 2011 08:45 [Source: ICIS news]
GUANGZHOU (ICIS)--?xml:namespace>China’s Zhengzhou Commodity Exchange has postponed its launch of methanol futures trading to the fourth quarter, which had initially been planned for June or July, a source from the exchange said on Friday.
“We still don’t have an exact date for the launch, as some documents are still being processed,” said the source.
He added that the methanol futures will definitely make its debut within the year on the exchange.
Futures contracts that are traded on the Zhengzhou Commodity Exchange include wheat, cotton, sugar, purified terephthalic acid, rapeseed oil and early rice.
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