JADE to launch crude palm oil futures June 6

摘要

Singapop:-The Singapore-based Joint Asian Derivatives Exchange plans to launch its crude palm oil or CPO futures contract June G.it announced May 3.The JADE CPO futures contract will be denominated in US dollars and will be settled with physical delivery at the ports of Belawan and Dumai in Indonesia.The contiacl will trade- from 10.30 am to 6 pm Singapore (0230 to 1000 GMT) time,followed by a special one hour session from 9.30 am to 1.0.30 am Chicago time (1430 to 1530 GMT).