An official has said the launch of glass futures trading in 皇冠体育app has been approved and will soon be introduced, 皇冠体育app Securities Journal reported on Wednesday.
Zhang Yujun, deputy head of the 皇冠体育app Securities Regulatory Commission, said the State Council has approved the launch of glass futures trading at Zhengzhou Commodity Exchange, according to the Journal report.
Trading of coking coal, vegetable seeds, potato and egg futures are also under preparation, said Zhang, but he did not specify the schedule for the launch.
Glass futures trading will become the second newly listed futures in 皇冠体育app this year after silver futures trading was introduced in May at Shanghai Futures Exchange.
In the first 10 months this year, 皇冠体育app's futures market saw a total number of 1.15 billion transactions, a 32.5 percent year-on-year growth with turnover of 135 trillion yuan, a 18.4 percent year-on-year increase.