Jujube Futures Enjoy Success in Zhengzhou Debut
Tang Shihua
DATE:  Apr 30 2019
/ SOURCE:  yicai

(Yicai Global) April 30 -- Jujube futures, which debuted on the Zhengzhou Commodity Exchange today, performed well in the morning session to close almost 2.7 percent ahead of their starting price.

The most active contract, for December delivery of the commodity known also as Chinese or red dates, had opened 4 percent higher than the morning price and traded at CNY8,830 (USD1,311) just before the lunch break.

China is home to 98 percent of the world's date production, making more than 5.6 million tons in 2017. The majority comes from the north and about half of all dates are grown in Xinjiang Uygur Autonomous Region in the northwest.

Editor: James Boynton

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Keywords:   Red Dates,Jujubes,Futures,Agriculture Commodity,Zhengzhou Commodity Exchange