Exchange has secured preliminary approval to launch a ethylene glycol future
The Dalian Commodity Exchange, the second
largest Chinese market, has secured regulatory approval to
launch a new futures contract based on a petrochemical used in
the production of anti-freeze and polyesters.
The Dalian market said on Thursday it has
received preliminary approval from the China Securities
Regulatory Commission (CSRC) to make available for trading an
ethylene glycol (EG) futures contract, a key step in the
process of launching the contract.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.