Coke futures trading
Source: Xinhua |
March 10, 2011, Thursday
|
Print Edition
Print Edition
CHINA'S Dalian Commodity Exchange will launch coke futures trading this year to provide new hedging tools for the industry, Liu Xingqiang, general manager of the exchange, said yesterday.
"The coke industry has witnessed frequent price fluctuations in recent years. The enterprises have an urgent need to stave off the risks," Liu said, adding that the listing will help promote a more regulated mechanism in the industry.
Preparation work for coke futures trading is under way, he said.
"The coke industry has witnessed frequent price fluctuations in recent years. The enterprises have an urgent need to stave off the risks," Liu said, adding that the listing will help promote a more regulated mechanism in the industry.
Preparation work for coke futures trading is under way, he said.
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