The Dalian Commodity Exchange has urged regulators to approve the launch of soybean meal [animal feed] options and said it plans to introduce a hog futures contract, expanding its agricultural product offerings. Speaking at a conference on Wednesday [9 November 2016], the exchange’s general manager, Wang Fenghai, said soybean meal options would help farmers and the meat industry to hedge their price risk…Full Article: The Global Times Nov 2016

Key Point

  • It is unknown when/if regulators will approve soybean meal options at the DCE.

ChinaAg Comments

  • 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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