Bright forecast for futures market
As a leading financial institution in northeastern China, the Dalian Commodity Exchange (DCE) has established its futures market as a platform for businesses in the area to compete internationally. It has proved a significant force in pushing forward the economic integration of the region into national and global markets.
Liu Xingqiang, general manager of DCE, said that, since its launch in 1993, the DCE has become the world's number two agricultural products futures market and its number one plastics futures market. In 2008, the transaction volume of the DCE reached 638 million lots, with a transaction value of 27.5 trillion yuan, ranking it 10th in the world.
Currently, the products officially listed at the DCE include maize, soybean No. 1, soybean No. 2, soybean meal, soybean oil, palm oil, linear low-density polyethylene (LLDPE) and polyvinyl chloride (PVC).