Dalian Commodity Exchange on Thursday [12 November 2015] signed agreements with eight food companies during the 10th China International Oils and Oilseeds Conference held in Guangzhou, south China. Under the agreements with China Grain Reserves Corporation, COFCO, etc., DCE will cooperate with the concerned partners on futures product development, institutional innovation, business training, and OTC [over-the counter, traded via non-Exchange and prices may not be published] market construction. DCE, one Chinese major futures exchanges, is based in Dalian, northeast China…Full Article: Xinhua Finance Nov 2015
- 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 DCE began trading egg futures. China has approximately 1.5 billion egg-laying hens, with the Wuhan-based Hubei Shendan Healthy Food Company being China’s largest egg enterprise (~100,000 MTs per year).
- 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.