The Dalian Commodity Exchange (DCE) (simplified Chinese: 大连商品交易所; traditional Chinese: 大連商品交易所; pinyin: Dàlián Shāngpin Jiāoyìsuǒ) is a Chinese futures exchange based in Dalian. It is a non-profit, self-regulating and membership legal entity established on February 28, 1993.
Dalian Commodity Exchange trades in futures contracts underlined by a variety of agricultural and industrial produce on a national scale. So far, futures contracts on agricultural products including soybean, soybean oil, corn, palm oil, soymeal, petroleum-based products including LLDPE and PVC, and energy product coking coal are traded on the Dalian bourse.
Read more about Dalian Commodity Exchange: Structure and Function, Development, History, Realized Price and Predicted Price: Futures Trading At Work
Famous quotes containing the words commodity and/or exchange:
“If mass communications blend together harmoniously, and often unnoticeably, art, politics, religion, and philosophy with commercials, they bring these realms of culture to their common denominator—the commodity form. The music of the soul is also the music of salesmanship. Exchange value, not truth value, counts.”
—Herbert Marcuse (1898–1979)
“If mass communications blend together harmoniously, and often unnoticeably, art, politics, religion, and philosophy with commercials, they bring these realms of culture to their common denominator—the commodity form. The music of the soul is also the music of salesmanship. Exchange value, not truth value, counts.”
—Herbert Marcuse (1898–1979)