Dalian Commodity Exchange launched new soymeal futures options on Friday [31 March 2017] – the first commodity options in China – offering one more hedging tool for investors, as well as soybean processing firms. The exchange is also considering launching futures options for more commodities, such as corn and soybeans, according to Wang Fenghai, managing director of the exchange…Full Article: ECNS.cn Apr 2017

Key Points

  • Sugar futures options are expected to listed soon on the Dalian Commodity Exchange (DCE) pending China Securities Regulatory Commission (CSRC) approval.
  • During the first trading data, approximately 22,800 soybean meal contracts (each contract is 10 MTs of soybean meal) was traded and had a turnover of CNY 22.86 million (US$3.32).

ChinaAg Comments

  • In November 2016, the DCE asked Chinese regulators to approve new soybean meal (animal feed) options. A hogs futures contract was also in the works.
  • In December 2015, the Dalian Commodity Exchange (DCE) modified its egg futures contracts. As a result of the new measures, the DCE established a sweeping board delivery system. The system is designed facilitate futures trading, increase goods turnover, and lower egg delivery costs for traders.
  • In December 2013, the DCE began trading fiberwood and plywood futures, which are primarily used for the manufacture of furniture and packaging.
  • In November 2013, the Dalian Commodity Exchange (DCE) began trading China’s first egg futures contracts.
  • Founded in 1993, Dalian Commodity Exchange (DCE) is one of the four futures exchanges in China and the only futures exchange in Northeast China. Agricultural traded futures include corn, corn starch, No 1. soybeans, No. 2 soybeans, soybean meal, soybean oil, RBD palm olein, and eggs.

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