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ICDX joins palm oil futures battle
13 May 2010
The Indonesian Commodity and Derivatives Exchange plans to list crude palm oil futures this month. The launch of the commodity will intensify competition in the region for dominance in crude palm oil trading.
Read more:
[ICDX]
[palm oil]
Crude palm
oil will be the ICDX’s second product after it was launched on March 31 with
gold futures. The contract will be physically settled with 10 tonnes of oil.
It will pit
the new exchange against its Indonesian rival, the Jakarta Futures Exchange,
which also offers crude palm oil, and...
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