The Tokyo Grain Exchange (TGE) announced the establishment of the Rice Market Development Committee representing rice related businesses, the futures industry, academics and mass media. The Rice Market Development Committee will deliberate practical issues for the launch of rice futures and market designs such as contract and delivery units, delivery months, trading method, futures market management, delivery procedures, deliverable grades at the Exchange as well as quality claim management.
The first Rice Market Development Committee will be held on December 20, 2004.
For further information, please call +81(0)3-3668-9317 or fax +81(0)3-3661-4564.
