date:Jan 23, 2014
l and oil are produced when rapeseed is crushed.
The exchange expects to launch trading in the second half of the year after finalising the specifications of the contracts, Lionel Porte, senior manager commodity derivatives product development at Euronext, told Reuters by telephone.
Scepticism
European traders were sceptical about short-term prospects given the failure of the previous rapeseed oil contract and the difficulty of getting new agricultural futures off the ground.
The problem wit