Asphalt futures contract set for launch
By Xie Yu in Shanghai | China Daily | Updated: 2013-02-28 08:01
Analysts welcome move by Shanghai exchange as step toward crude oil contracts later this year
The Shanghai Futures Exchange is to introduce an asphalt futures contract soon, with trade likely to begin before June, the Shanghai Securities Journal reported on Wednesday.
It will be the world's first asphalt futures product.
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