The trading of options for three major chemicals, namely polypropylene (PP), polyvinyl chloride (PVC) and linear low-density polyethylene (LLDPE), were launched on the Dalian Commodity Exchange in northeast China's Liaoning Province on Monday.
The listings of these three chemical options will help boost the risk- management ability of petrochemical enterprises, and support the sound and stable development of the petrochemical industry.
PP, PVC and LLDPE are three major plastic chemical products, and China is a major producer and consumer of these products.
So far, a total of 20 futures and seven options have been listed for trading on the Dalian Commodity Exchange, which covers a variety of fields including agriculture, chemicals and energy, according to the exchange. Enditem
