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SHFE Issues Draft Rules for Stainless Steel Futures-The 21st China(Guangzhou)Int'l Stainless Steel Industry Exhibition
8/21/2019 - Stainless Steel Exhibition |
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Reuters reported that the Shanghai Futures Exchange on Friday issued draft rules for its upcoming stainless steel futures contract. Trading will be in lots of five tonnes of 304-2B stainless steel cold-rolled coil plate, the exchange said in a statement on its website. The trading limit has provisionally been set at 4%. The draft is open for public feedback until Aug. 20
ShFE previously said it would launch stainless steel futures by the end of 2019.
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