China Securities Regulatory Commission officially approved Dalian Commodity Exchange to conduct live pig futures trading, which will be the first live delivery product listed in China futures market.

The industry believes that pig futures will play an active role in stabilizing price expectations, helping industrial scale development, and helping precision poverty alleviation.

After the listing of live pig futures, relevant enterprises will promote the effective price discovery function of live pig futures by participating in futures trading, and provide open, transparent and continuous price reference for the market, which is conducive to optimizing resource allocation, reasonably controlling breeding scale and the healthy development of the whole industry.