China exchange to launch cotton options on Jan. 28

ZHENGZHOU, Jan. 23 (Xinhua) -- The Zhengzhou Commodity Exchange has released details on cotton options contracts and listing, with the options to be open on Jan. 28.

The future contracts of the cotton options are CF1905, CF1907, CF1909 and CF2001. There will be 104 options contracts to be released on Jan. 28.

The China Securities Regulatory Commission has also given the nod to the launch of options contracts for rubber and corn on January 28 as part of the government's drive to promote more complex agricultural trading tools.