China regulator OKs hogs, eggs options on Dalian exchange
China is home to around half the world's pigsChina's securities regulator has approved the trading of eggs, corn starch, and hogs options on the Dalian Commodity Exchange, Reuters reported, citing a notice on Friday.
The Dalian bourse is already home to agricultural commodity futures, including soybeans, rice and wheat. It launched its live hog futures contract in January 2021.
China is home to around half the world's pigs, producing about 50 million metric tons per year of pork, a staple of Chinese cuisine.
It is also the world's second-largest poultry producer.