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Industry

China's commodity exchange to start trading hog futures on Jan. 8

December 21, 2020


Abstract : China will launch trading of hog futures at Dalian Commodity Exchange on Jan. 8 to improve the pricing mechanism for hogs, as well as pork, a staple meat in China.

SHENZHEN, Dec. 20 (Xinhua) -- China will launch trading of hog futures at Dalian Commodity Exchange on Jan. 8 to improve the pricing mechanism for hogs, as well as pork, a staple meat in China.

This will be an important event for China's agriculture and futures sectors, said Fang Xinghai, vice chairman of the China Securities Regulatory Commission, in south China's Shenzhen in Guangdong Province, Saturday.

The country's futures market has introduced 12 new listed varieties throughout the year amid innovation and reform efforts, he said.

By the end of November, there were 90 types of futures and options in China, including six international ones, providing effective hedging tools for enterprises, he said. Enditem

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Keyword: hog breeding hog futures

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