# China launches urea futures | govt.chinadaily.com.cn

> China launched urea futures trading on the Zhengzhou Commodity Exchange on August 9, 2019. Officials said the contract will give producers, consumers and traders a risk management tool. Urea prices have averaged annual swings of more than 20% since 2009.

- Date: 2019-08-09 · published 2019-08-09T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/57893-china-launches-urea-futures-govt-chinadaily-com-cn
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

The new futures contract may improve price discovery and hedging for Chinese urea, but it does not change near-term supply or demand fundamentals for feed inputs.

## Read by commodity

- UREA: neutral

## Sources

- govt.chinadaily.com.cn: https://govt.chinadaily.com.cn/s/201908/09/WS5d50edb2498ebcb19057850f/china-launches-urea-futures.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.