In an intervioew with FOW, Jun Li, executive vice president at the Dalian Commodity Exchange, has said the exchange is examining increasing its product suite.
The Chinese commodity exchange’s executive said
the product expansion is part of the DCE’s target
of becoming "a leading futures trading centre that not only
serves the development needs of China’s economy
but also has significant global influence."
Li said the exchange would expand its existing listings with
new contracts, though he said he could not divulge which
specific commodity products would be introduced.
"We will continue furthering our product development efforts
in three series, including agricultural products, oilseeds, and
plastics," Li said.
The exchange lists eight commodity products, with its
soymeal future, crude soybean oil, and crude oil the Chinese
exchange’s largest products.
The DCE executive said any new products which the Chinese
commodity exchange rolls-out, will meet its criteria for new
products. "In developing potential products, we take into great
consideration of the risk management needs from these
industries. However, the specific product launch time has not
yet been determined," Li said.
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