China launches hog futures on Dalian exchange after African swine fever triggers wild swings in pork prices, inflation China accounts for almost half of the world’s consumption of pork. Photo: Reuters
China has kick-started the trading of hog futures as the world s biggest consumer of pork moves to provide a hedging tool for breeders who experienced bouts of wild price swings over the past two years caused by the African swine fever outbreak.
Three types of contracts debuted on the Dalian Commodity Exchange on Friday. Opening a contract requires about 40,000 yuan (US$6,186) based on the minimum margin requirement of 8 per cent set by the exchange operator. Prices slumped by almost their 16 per cent limit.
電科院:關於董事長、總經理和財務總監辭職及選舉新董事長、聘任高級管理人員的公告 sina.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com.tw Daily Mail and Mail on Sunday newspapers.
中國生豬期貨掛牌上市 以活體為交易標的 hkcna.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hkcna.hk Daily Mail and Mail on Sunday newspapers.