19 August 2019

China launches farm futures index, paper says

China today launches an index of agriculture-related futures comprising 11 commodities traded in Dalian and Zhengzhou, Shanghai Securities News reported Monday, citing the China Futures Margin Monitoring Center. The index will be on a weighted-average basis, subject to adjustment every fifth day of January. It will be based on Jan. 10, 2012 contracts. The index has six sub-indices — oil, food, soft commodity, feed, oil and oilseeds and grain, the report said.

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