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The China Securities Regulatory Commission recently approved the Dalian Commodity Exchange to carry out hog futures trading.
Live pigs are the most valuable agricultural product in China, with a market scale of nearly one trillion yuan. The introduction of hog futures is an important measure for China's futures market to serve the development of the real economy. Hog futures have a positive role in improving the mechanism of hog price formation, enhancing the risk management capabilities of market entities, and helping the the hog industry develop.
The Commission will urge the Dalian Commodity Exchange to do all the preparatory work to ensure the smooth launch and steady operation of trading hog futures.
April 24, 2020/ China Securities Regulatory Commission/ China.
http://www.csrc.gov.cn/
