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| 17 may 2012 |
13:10 |
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China's agri commodities bourse to launch potato futures
The Zhengzhou Commodity Exchange (ZCE), one of China's two agricultural commodities exchanges, is considering introducing potato futures trading among a raft of new agricultural contracts set to launch later this year, Qiao Jianhui, the exchange's media director, told the Global Times, without revealing a specific timetable.
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China is quickly working to diversify its futures markets, especially for agriculture products, in a bid to stabilize spot commodities prices in the face of mounting domestic demand, Guo Shuqing, head of the China Securities Regulatory Commission, the nation's securities watchdog, said at a media conference on March 29.
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