DCE Launches Coke Futures

Date: April 15, 2011
Source: CNFOL.com

  The long-awaited coke futures were officially launched and ready for trade at Dalian Commodity Exchange (DCE) this Friday. Eight futures contracts from J1109 to J1204 were listed on the first trading day, and the benchmark price was between RMB2,180/ton to RMB2,220/ton.
  As expected, J1109 contract got the most positions, being the dominant contract. The trade opened high at RMB2,300/ton in the morning, which was the highest price. So far J1109 contract has been running steadily at above RMB2,260/ton, much higher than the benchmark price released by DCE.
     

[  close  ]