The Shanghai Futures Exchange plans to broaden the number of commodity futures contracts denominated in yuan and eligible for trade by foreigners. Photo: Reuters

China to open up access to yuan-denominated commodity futures contracts as trade war escalates

  • China’s largest commodity exchange plans to launch rubber and non-ferrous metals contracts that will be open for trade by foreigners
  • Futures contracts tied to crude oil on the Shanghai International Energy Exchange saw turnover of 17.1 trillion yuan (US$2.48 trillion) in 12-months since launch in March 2018
Topic |   Yuan

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The Shanghai Futures Exchange plans to broaden the number of commodity futures contracts denominated in yuan and eligible for trade by foreigners. Photo: Reuters
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