BEIJING (Reuters) – China’s major commodities exchanges announced on Friday to expand the scope of tradable derivatives products for qualified foreign investors from March 4.
Qualified Foreign Institutional Investors (QFIIs) and RMB Qualified Foreign Institutional Investors can participate in trading of a bulk of commodities futures and options contracts.
The Shanghai Futures Exchange includes stainless steel, fuel oil, pulp and container freight (European line) futures contracts and silver and steel rebar options contracts on the list.
The Guangzhou Futures Exchange allows the participation of trading industrial silicon, lithium carbonate and polysilicon futures and options contracts.
The Dalian Commodity Exchange is open for polypropylene, polyvinyl chloride and styrene futures and options contracts for foreign investors.
Qualified foreign investors can participate in the trading of paraxylene, silico-manganese, rapeseed meal, peanut futures contracts and options contracts of paraxylene, bottle flakes, silico-manganese, rapeseed meal, peanuts and staple fiber on the Zhengzhou Commodity Exchange.
(Reporting by Amy Lv, Ethan Wang and Lewis Jackson; Editing by Kevin Liffey and David Evans)
