China adds more commodity options to hedge price risks

BEIJING - China on Monday launched options for natural rubber, cotton and corn, adding to the tools available to hedge price risks in one of the world's major commodity markets.

Approved by the China Securities Regulatory Commission (CSRC) earlier this month, new natural rubber options trading on the Shanghai Futures Exchange, cotton options trading on the Zhengzhou Commodity Exchange, and corn options trading on the Dalian Commodity Exchange doubled the amount of options listed on the country's three commodity exchanges.

The options for natural rubber included eight trading contracts, those for cotton included four contracts while corn options saw five contracts.