Soybean options get backing

Source:Reuters Published: 2016/11/10 22:08:40

The Dalian Commodity Exchange has urged regulators to approve the launch of soybean meal options and said it plans to introduce a hog futures contract, expanding its agricultural product offerings.

Speaking at a conference on Wednesday, the exchange's general manager, Wang Fenghai, said soybean meal options would help farmers and the meat industry to hedge their price risk.

It is not known when regulators will approve such options.

Posted in: COMPANIES

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