Record Trading Seen in Zhengzhou Commodity Exchange’s Apple Futures Contracts

In less than five months, China’s apple futures have fueled a “speculative boom” among investors, with the highest daily turnover reaching 616.3 billion yuan ($96.65 billion). Chang Qichao is an apple dealer in Lingbao, central China’s Henan province. He has paid close attention to the changes in the price of apple’s futures recently…Full Article: China

China’s Zhengzhou Commodity Exchange to Open on Fridays for Evening Trading

China’s Zhengzhou commodity exchange will launch evening trading from Friday for products including cotton, sugar and rapemeal, potentially increasing liquidity to the market and opening up arbitrage opportunities for traders. The new trading hours, from 9 pm until 11:30 pm, will begin on Friday, said a statement from the exchange. The extended hours mean traders

Zhengzhou Commodity Exchange Expands its Rice Futures Contracts to Three Varieties

China, the world’s top rice producer and consumer, has approved the launch of two more rice futures contracts on the Zhengzhou Commodity Exchange, said a government spokesman on Friday…Full-text article: BlackSeaGrain Oct 2013 Key point Currently, Zhengzhou Commodity Exchange only trades early Indica rice futures, but will expand to include short-grain rice (Japonica rice) and