While Silk Invest noted on Friday that Mauritius will soon introduce futures trading on its SEM-7 index–a process that will take roughly six months and is part of the island’s bid to attract new local and foreign investors and increase capitalization–Financial Times reported that Indonesia, the world’s largest palm oil producer, will launch a commodities exchange by October in order to trade crude palm oil and other raw materials, as well as its own currency.  At the moment, trading of palm oil–whose futures have surged 35% this year on the back of strong Asian demand, rising oil prices and El Niño-related concerns–is centered around Bursa Malaysia in Kuala Lumpur.

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