HOME > NATION > Article

Text Size

small

medium

large


Dojima Exchange Files for Permanent Listing of Rice Futures

Dojima Exchange Files for Permanent Listing of Rice Futures

   Osaka, July 16 (Jiji Press)--The Osaka Dojima Commodity Exchange filed on Friday for Japanese agriculture ministry approval for a permanent listing of its mainstay rice futures.
   The exchange, based in the western city of Osaka, currently operates rice futures trading on a trial basis.
   The ministry will decide whether to approve the application by the Aug. 7 end of the trial period.
   The exchange's rice futures market was launched in August 2011 for a two-year trial. Trading continued to be sluggish for years, however, mainly because the Japan agricultural cooperatives, or JA, group, which has enormous influence over domestic rice production and distribution, opted not to take part in the market.
   With the exchange unable to start permanent trading, the trial period has been extended four times.

To read a full story, please click here to find out how to subscribe.

NATION

Aomori Tourism Information

HEADLINES

POLITICS
Japan Planning to Declare COVID-19 State of Emergency for Tokyo-Area Prefectures
ECONOMY
Uruma Becomes President of Mitsubishi Electric, Mired in Inspection Scandal
SPORTS
Tokyo Olympics: Japan Earns 4-3 Walk-Off Win over Dominican Republic in Baseball
OTHER
Tokyo's Daily COVID-19 Cases Top 3,000 for 1st Time; Japan's Total above 9,000

AFP-JIJI PRESS NEWS JOURNAL


Photos