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BIZCHINA> Top Biz News
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China launches PVC futures trading
(Xinhua)
Updated: 2009-05-25 15:44 China started the trading of polyvinyl chloride (PVC) futures contracts at 9 am at Dalian Commodity Exchange Monday, with September contract V909 opening 275 yuan ($40.3) higher at 6575 yuan per ton.
PVC is a kind of synthetic resin widely used in construction, plumbing, electric wires and packaging. China is the world's largest PVC manufacturer, with an annual output of 8.82 million tons last year. (For more biz stories, please visit Industries)
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