China’s first livestock futures product will be traded in the stock market this Friday. The Dalian Commodity Exchange released details of its egg futures on Monday. The initial deposit is set at 8 percent of the contracts value, and the limit move is set at 4 percent of the settlement price on the previous trading day.
Statistics show China’s output of egg exceeded 24 million tons in 2012, which accounts for more than a third of world’s total output.
Source: CNTV
