CME plans to launch cocoa futures contract this year

Reuters

LONDON, May 1 (Reuters) - CME Group Inc, the world's largest futures exchange operator, plans to launch a cocoa futures contract this year, sources said on Thursday.

The exchange held a meeting in London on Wednesday with representatives from the cocoa industry including traders, brokers and chocolate makers to discuss its plans, sources who attended the meeting said.

CME declined to comment.

(Reporting by Sarah McFarlane; editing by Jason Neely)

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