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:
“A commodity appears at first sight an extremely obvious, trivial thing. But its analysis brings out that it is a very strange thing, abounding in metaphysical subtleties and theological niceties.”
—Karl Marx (1818–1883)
“... the subjective viewpoint is the only one to use regarding a library. Your true library is a collection of the books you want. You may have deplorably poor taste or bad judgment. Never mind. Correct those traits before you exchange your books.”
—Carolyn Wells (1862–1942)