Dalian Commodity Exchange to include more products

Dalian Commodity Exchange will include more oils and oilseeds and other agricultural products, Liu Xingqiang, chief of the exchange, said on Wednesday.

Dalian Commodity Exchange will also push for getting listed on the stock market as China's financial reform is picking up steam, Liu said at the China International Oils and Oilseeds Conference.

The free trade zone in Shanghai, in particular, has provided a platform for financial derivatives.

Oils and oilseeds are the most distinctive products on the Dalian Commodity Exchange because of their turnover and prices that closely resemble international levels, said Liu.

Future prices are important indicators not only to determine what crops to grow, but also for purchases, sales and inventory control, Liu added.

Dalian Commodity Exchange has listed five new products this year; coking coal, iron ore, eggs, fiberboard, and plywood.