The Thai government hopes the Agricultural Futures Exchange of Thailand will launch new contracts for paddy rice in the first half of this year and ethanol in the second half, the Bangkok Post reported Thursday.
Wanchai Palotaitakerng, secretary-general of the Agricultural Futures Trading Commission, said plans also call for futures contracts to be developed for commodities such as corn and raw sugar, according to the report.
Thailand's commodities market must increase its product variety if it's to reach its trading target of 5,000 contracts a day by 2014, he said.
The exchange currently offers futures in rubber smoked sheets, tapioca chips, white 5% rice and Thai Hom Mali rice. Rubber futures so far are the most liquid contract.
(Source: irco.biz)
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