Sunday, September 29, 2013
Egg Futures Is Allowed to belisted in Commodity Exchange
ANBOUND
China Security Regulation Committee (CSRC) has allowed egg futures to be listed in Dalian Commodity Exchange. It is expected to improve the egg pricing system and price formation mechanism so that the egg market can operate smoothly. Meanwhile, it provides necessary hedging tool to those enterprises that involved in egg production, trade and consumption to enhance egg industrialization and scale operation, as well as promote the development of stock companies.