Dalian Commodity Exchange

Founded on February 28, 1993 and with its operation beginning from November 18 in the same year, Dalian Commodity Exchange (DCE) is one of the five futures exchanges in Chinese mainland and is the only futures exchange in Northeast China. Among its 21 listed futures products are corn, corn starch, polished round-grained rice, No. 1 soybean, No. 2 soybean, soybean meal, soybean oil, RBD palm olein, egg, live hog, fiberboard, blockboard, linear low density polyethylene (LLDPE), polyvinyl chloride (PVC), polypropylene (PP), ethylene glycol (EG), ethenylbenzene (EB), metallurgical coke, coking coal, iron ore and liquefied petroleum gas (LPG). The 7 listed options are soybean meal, corn, iron ore, LPG, PP, PVC and LLDPE. In addition, DCE has also launched night trading of 17 futures and 7 options products. DCE has become China's important futures trading center thanks to its orderly operation and steady development since its establishment more than 20 years ago. As of now, DCE has 160 members and 460 designated delivery warehouses. In 2020, DCE saw the annual trading volume reach 2.2 billion lots, annual turnover reach RMB 109 trillion, and average daily open interest reach 9.68 million lots, up by 63%, 58% and 30% year-on-year respectively. All of the three hit record highs. The trading volume and open interest took the first place in domestic futures market. The trading volume of DCE’s futures and options ranked first in global commodity derivatives market. DCE’s ranking among all the derivatives exchanges jumped from 11th to 7th and hit all-time highs. Now DCE is the world’s largest agricultural product, plastics, coke, coal and iron ore futures market. Through years of development, the futures prices of DCE have become the benchmark of domestic market and serve as a “compass” and “shelter” for the production and operation of enterprises in relevant sectors. By opening up to overseas investors, DCE aims at providing better services for global industrial clients.