BEIJING (AFX-ASIA) – China has postponed plans to restart oil futures trading until the middle of next year in the hope that market conditions will improve, the China Daily reported, citing industry sources. The Shanghai Futures Exchange applied to the China Securities Regulatory Commission in January to resume fuel-oil futures trading, which was suspended in…
CHINA: Relaunch of oil futures exchange delayed till June over volatility fears
Posted on November 13, 2002 by EnergyAsia