Progress continues on listing soybean oilcake futures contracts on SAFEX. Crushers have committed a total storage capacity of 22,500 tons, exceeding the 20,000-ton requirement set by the JSE. A draft of the detailed contract specifications is with the JSE legal team, while a technical subcommittee is being formed to review the specifications and ensure all industry stakeholders are aligned. This will pave the way for a smooth launch of the new contracts.
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