Date
17 October 2017

Zhengzhou exchange to launch cotton yarn futures, paper says

The Zhengzhou Commodity Exchange will launch cotton yarn futures soon, the Shanghai Securities News reported Friday, citing a company official. The exchange is working with more than a dozen firms in eastern China’s Jiangsu province, a center for cotton yarn production, to see if the product is feasible, it said. The exchange is looking into product design issues, such as delivery and settlement systems as well as risk control mechanisms.

– Contact HKEJ at [email protected]

KZ/AC/SK

 

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