SINGAPORE — China's Shanghai International Energy Exchange has approved its first overseas delivery warehouse for TSR20 rubber futures, extending its delivery network into major rubber-producing areas in Southeast Asia.
The exchange approved Thai Hua Rubber Public Company Limited, an overseas subsidiary of China's Guangdong Guangken Rubber Group, as the first overseas delivery warehouse on July 22, with capacity set at 20,000 metric tonnes, according to a Shanghai Futures Exchange statement.
