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BOE Unveils Chinese Spot Sugar Contracts

Dalian-based Bohai Commodity Exchange has rolled out China’s first two spot sugar contracts.

Dalian-based Bohai Commodity Exchange (BOE) has rolled out China’s first two spot sugar contracts, Global Times reports. The new contracts are the soft white sugar contract that trades in 50 kilogram lots as well as the granulated white sugar contract.

BOE is targeting to unveil spot contracts for 300 products in energy, agriculture and chemicals within the next three years. The exchange is expecting contracts for 30 more commodities by the end of 2011.

Click here for the story from Global Times.

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