CHINA: Dalian Commodity Exchange Council Approves Contract, Detailed Rules of PP Futures

Friday February 14 2014

The forty-eighth session of the Second Council of Dalian Commodity Exchange (DCE) recently deliberated on and adopted the Contract of the polypropylene (PP) futures and the Amendment to the related detailed rules, which means that the PP contract long anticipated by the market has accelerated the pace of listing.

After the official approval of the PP futures, DCE issued the “Notice on Soliciting Opinions on PP Futures Contract and the Related Rules” on January 17, openly seeking opinions on the PP futures contract and the related rules from the market. Since the opinion solicitation ended on January 27, DCE has earnestly considered the opinions and communicated with the opinion sources, forming the Contract and the Amendment to the related detailed rules to be submitted to the DCE Council for deliberation.

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