Dalian Commodity Exchange Live Pigs Futures Expected To Launch
Date 06/02/2009
CPC Central Committee and State Council recently issued Several Opinions on Promoting Agricultural 2009 Continuously Increasing Peasants' Income and Stable Development, which referred to “adopting such measures as market early warning, reserve adjustment, additional insurances, and futures transactions to stabilize the development of live pigs industry”. The futures industry noticed that it was for the first time that the CPC document referred to the expression of stabilizing the development of live pigs industry through futures transactions and is expecting a prominent prospect of the launching of live pigs futures.