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SCMP Reporter

NANJING Petroleum Exchange plans to introduce trading in chemical products following the government's recent move to slap a price ceiling on domestic petrol and diesel production.

  An exchange official said yesterday the 58-member exchange might trade new products such as chemicals, if approved during a board meeting next month.

  Four new kinds of oil futures had reportedly begun trial trading on the Shanghai Petroleum Exchange on Wednesday after a government ban on principal oil futures.

  ''Trading in oil futures has not stopped though, although it will be difficult after July because of the price cap,'' the official said. It is understood that the price cap will take effect from July 1.



China stock