Date
25 April 2018

Bonded area futures products may be expanded, paper says

The Shanghai Futures Exchange is likely to expand futures products physically delivered to the Shanghai Yangshan port bonded area, China Securities Journal reported Friday, citing an unnamed source. These will now include rubber in addition to copper and aluminum, the report said. The Yangshan bonded area within the Shanghai Free Trade Zone has been designated for bulk commodities trading. Meanwhile, physical deliveries may be expanded to bonded areas in Tianjin and Qingdao which are planning their own free trade zone, the report said.

– Contact HKEJ at [email protected]

KZ/AC/RA

 

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