Shanghai-listed Bailian Group to Establish E-Commerce Platform for Commodity Trading

An online e-commerce platform for commodity trading that aspires to become an internet-based information and transaction hub with a trillion-yuan ($151 billion) in target was established in Shanghai on Tuesday [19 December 2017], making it one of the first to offer customized real time information services for the trade. The platform, Shanghai Bailian Commodity E-commerce

China Launches Sugar Commodity Options in Zhengzhou

China’s second commodity options, white sugar options, started trading on Zhengzhou Commodity Exchange Wednesday [19 April 2017]. “Businesses can now use a combination of investment tools including spot contracts, futures contracts, and options to manage risks more effectively,” said Ma Wensheng, chairman of Xinhu Futures, a Shanghai-based futures brokerage firm…Full Article: Xinhua Apr 2017 Key

The Dalian Commodity Exchange Pushes for Soybean Meal Options

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

Spiking Agricultural Commodity Prices Stir Concern in China

China’s securities regulator has called for tighter oversight of agricultural commodity trading amid concerns that speculation could be driving an unusual surge in prices for staples ranging from garlic and ginger to iron ore and coal. Fang Xinghai, the deputy head of China Securities Regulatory Commission (CSRC), on Saturday said the market should be monitored

The Dalian Commodity Exchange, China’s Premier Agricultural Futures Market, Signs Cooperation Agreements with Eight Food Companies

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

China’s Zhengzhou Commodity Exchange to Open on Fridays for Evening Trading

China’s Zhengzhou commodity exchange will launch evening trading from Friday for products including cotton, sugar and rapemeal, potentially increasing liquidity to the market and opening up arbitrage opportunities for traders. The new trading hours, from 9 pm until 11:30 pm, will begin on Friday, said a statement from the exchange. The extended hours mean traders

The Dalian Commodity Exchange Launches Fiberwood and Plywood Futures

China, the world’s largest source of forestry products, started trading fiberwood and plywood futures Friday at the Dalian Commodity Exchange. Shi Feng, secretary-general of the China National Forest Product Industry Association, said the launch of the two futures contracts will offer companies more tools in pricing, help them arrange production and sales, and hedge risks…Full

Turnover on the Dalian Commodity Exchange on the Rise as Zhengzhou Exchange Plummets

Turnover on the Shanghai Futures Exchange edged up 2.63% from a year earlier to 44.6 trillion yuan [US$7.17 trillion] last year, taking up 26.06%of the country’s total. The market deals in commodities such as copper, rubber and fuel oil. Meanwhile, the Dalian Commodity Exchange, the country’s largest futures market for agricultural goods, saw its turnover

Zhengzhou Commodity Exchange, Henan Province, to Trade Futures Contracts in Rapeseed & Rapeseed Meal

China’s securities regulator has given approval to the Zhengzhou Commodity Exchange to trade futures contracts in rapeseed and rapeseed meal, a move aimed at helping companies manage price risks. The Zhengzhou Commodity Exchange plans to introduce rapeseed futures and rapeseed meal futures starting on Friday [Dec 31, 2012]. The exchange said the benchmark price of