China’s Dalian Commodity Exchange (DCE) plans to launch its new polyvinyl chloride (PVC) futures contracts on May 25 and has designated five delivery locations, market sources said on Wednesday. The exchange has identified warehouses in Guandong, Foshan, Shanghai, Zhejiang and Hengzhou as among the approved delivery locations, they said at the sidelines of the annual Chinaplas 2009 exhibition in Guangzhou, southern China. The PVC futures contract will allow producers and buyers to better hedge their risks, said a Chinese futures broker at the exhibition and he anticipated active participation from retail investors as well. DCE has also recommended several vinyls producers whose product grades conform to its contract’s product specifications, sources added.