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The China Securities Regulatory Commission announced on Friday that the futures market for live pig will start officially on the Dalian Commodity Exchange (DCE) on January 8, 2021.
On December 12, the DCE issued an announcement requesting opinions and suggestions on the hog futures contract and related rules. According to the announcement, the DCE's public request for market opinions and suggestions includes documents such as "Dalian Commodity Exchange Live Hog Futures Contract (Consultation Draft)" and "Live Hog Futures Trading Rules from Dalian Commodity Exchange (draft consultation) ". The deadline is December 19, 2020.
In terms of quality standards of delivery, the DCE refers to the indicator system of "Lean Pig Live Quality Assessment (GB / T32759-2016)", and based on extensive research, has designed delivery quality indicators based on the characteristics of the pig breeds and market habits.
December 14, 020/ DCE/ China.
http://www.dce.com.cn
