Silicon futures to be one of first contracts on Guangzhou exchange: Xinhua

The exchange was set up in April and will prioritise "green development" products such as carbon emission futures

  
A general view of skyline buildings, in Hong Kong, China July 13, 2021.

A general view of skyline buildings, in Hong Kong, China July 13, 2021.

REUTERS/Tyrone Siu

BEIJING- Industrial silicon futures and composite commodity index futures are expected to be the first products launched on China's Guangzhou Futures Exchange, official news agency Xinhua reported on Monday.

The exchange was set up in April and will prioritise "green development" products such as carbon emission futures, exchange general manager Zhu Lihong is reported to have told a forum on Sunday. 

It will also have polysilicon, lithium, rare earth, platinum and palladium contracts, Zhu said.

(Reporting by Dominique Patton, editing by Ed Osmond) ((dominique.patton@thomsonreuters.com;))


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