February 1, 2012
China's Zhengzhou exchange to introduce rapeseed futures
China's Zhengzhou Commodity Exchange is planning to introduce rapeseed futures and rapeseed meal futures this week.
The contract units of rapeseed futures and rapeseed meal futures have both been set at 10 tonnes.
The contracts will help companies hedge against price fluctuations at a time of increasing market risk and imports, the China Securities Regulatory Commission said.
