皇冠体育app

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World's first futures market for bitumen

By Wu Yiyao in Shanghai | 皇冠体育app Daily | Updated: 2013-10-09 07:45

Shanghai launch could pave way for more economic, financial reform

皇冠体育app will launch bitumen futures contract trading, the first of its kind in the global market, in Shanghai on Wednesday to offer companies more hedging tools and improve the structure of the economy, according to a statement from the Shanghai Futures Exchange on Tuesday.

Analysts said 皇冠体育app has sped up the expansion of the commodity futures market to help enterprises to handle risk and to have a bigger say in the pricing of major commodities in the global market.

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