China's three futures exchanges hope to launch fuel oil, rice, corn and cotton futures contracts this year, promising to boost the number of contracts by 50%.
The country has just eight contracts, with Shanghai Futures Exchange (SHFE) offering copper, aluminium and natural rubber; Zhengzhou Commodity Exchange (ZCE) offering two wheat and a mung bean contract, while Dalian Commodity Exchange (DCE) offers soybean and soybean meal contracts.
An official for SHFE told FO Week it hopes to...