November 23, 2017 / 4:05 AM / a year ago

Shanghai exchange says it mulls natgas, refined products contracts

SHANGHAI, Nov 23 (Reuters) - The Shanghai Futures Exchange (ShFE) is considering to launch natural gas and refined oil products futures contracts as it continues to prepare for its long-awaited crude oil contract, Jiang Yan, chairman of the exchange, told Reuters on Thursday.

He declined to give a timeline for the crude launch.

The Shanghai International Energy Exchange (INE), a subsidiary of ShFE, which will operate the crude contract, had said in July it aimed to launch the contract this year but has not set a date as yet. (Reporting by Meng Meng and Josephine Mason; Editing by Sherry Jacob-Phillips)

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