China Launches Sugar Commodity Options in Zhengzhou

China’s second commodity options, white sugar options, started trading on Zhengzhou Commodity Exchange Wednesday [19 April 2017]. “Businesses can now use a combination of investment tools including spot contracts, futures contracts, and options to manage risks more effectively,” said Ma Wensheng, chairman of Xinhu Futures, a Shanghai-based futures brokerage firm…Full Article: Xinhua Apr 2017 Key

The Dalian Commodity Exchange Launches New Soymeal Futures Options, Sugar Options Expected Next

Dalian Commodity Exchange launched new soymeal futures options on Friday [31 March 2017] – the first commodity options in China – offering one more hedging tool for investors, as well as soybean processing firms. The exchange is also considering launching futures options for more commodities, such as corn and soybeans, according to Wang Fenghai, managing

COFCO Group to Implement Mixed-Ownership Reforms Including IPOs and ESOPs

Shares of three listed units of State-owned China National Cereals, Oils and Foodstuffs Corp rose sharply on Wednesday [22 February 2017], after the country’s biggest food supplier by volume announced further plans for mixed-ownership reform on Monday. COFCO Biochemical (Anhui) Co Ltd stocks reached their 10 percent daily limit in early trading hours, and settled

Spiking Agricultural Commodity Prices Stir Concern in China

China’s securities regulator has called for tighter oversight of agricultural commodity trading amid concerns that speculation could be driving an unusual surge in prices for staples ranging from garlic and ginger to iron ore and coal. Fang Xinghai, the deputy head of China Securities Regulatory Commission (CSRC), on Saturday said the market should be monitored

China to Sell 350,000 MTs of Sugar from State Reserves

Chinese authorities will release the first batch of sugar reserves this year to stabilize supply and prices, the country’s top economic planner announced on Friday [30 September 2016]…Full Article: ECNS.cn Oct 2016 Key Point According to the National Development and Reform Commission (NDRC), China plans to sell 350,000 MTs of sugar from its state reserves

Shanghai Zhongfu Buys Cattle Land in Northern Australia

A Chinese company has bought one of Australia’s largest cattle stations for $76 million. Shanghai Zhongfu, trading in Australia as Kimberley Agricultural Investment (KAI), acquired the 476,000-hectare Carlton Hill station in far north Western Australia (WA)…Full Article: China Daily Aug 2016 Key Point In March 2016, Australia’s Foreign Investment Review Board (FIRB) approved the acquisition

Chinese-backed Sugar Mill Begins Operation in Northern Cambodia

Prime Minister Hun Sen yesterday [18 April 2016] opened the country’s biggest sugar mill, a $360 million Chinese-owned plant in Preah Vihear [northern Cambodia] that will produce half a-million tons a year, and called for more investment from the world’s second-largest economy. The plant, set in a 43,422-hectare sugar plantation, will also generate about 30