China's agri commodities bourse to launch potato futures

The Zhengzhou Commodity Exchange (ZCE), one of China's two agricultural commodities exchanges, is considering introducing potato futures trading among a raft of new agricultural contracts set to launch later this year, Qiao Jianhui, the exchange's media director, told the Global Times, without revealing a specific timetable.

China is quickly working to diversify its futures markets, especially for agriculture products, in a bid to stabilize spot commodities prices in the face of mounting domestic demand, Guo Shuqing, head of the China Securities Regulatory Commission, the nation's securities watchdog, said at a media conference on March 29.