Euronext says to launch rapeseed meal, oil futures this year

PARIS Wed Jan 22, 2014 3:34am EST

PARIS Jan 22 (Reuters) - European exchange Euronext said on Wednesday it will launch this year futures and options for rapeseed meal and oil to add to its existing market for rapeseed grain.

Euronext, part of U.S-based IntercontinentalExchange Group, said in a statement its rapeseed derivatives had enjoyed strong growth and that the new products would notably facilitate hedging in the biodiesel sector, which uses rapeseed oil as a feedstock.

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article