Dalian Commodity Exchange – DCE

The Dalian Commodity Exchange (DCE) is one of China’s four futures exchanges. It trades futures contracts in agricultural and industrial commodities. Established in 1993, the DCE is the only exchange based in northeast China and is located in the city of Dalian. The DCE provides futures in corn, soybeans (gmo and non-gmo), soy meal, soybean oil, palm oil, coking coal, and petroleum-based polyvinyl chloride and linear low-density polyethylene. The exchange is approved and regulated by the China Securities Regulatory Commission, and it is mainland China’s largest futures exchange in terms of volume. According to the Futures Industry Association, the DCE is also the world’s second largest agricultural futures bourse.

Typically, trading hours for the Dalian Commodity Exchange is Monday to Friday from 9:00 a.m. to 11:30 a.m. and 1:30 p.m. to 3:00 p.m. (Beijing time). The maximum number of contracts for soybean, soy meal, soybean oil, palm oil, and petroleum-based products is 1,000 orders. For corn orders, the maximum is 2,000 contracts. The DCE accepts basic limit, market, stop, or limit stop orders. The exchange also accepts non-basic orders, such as spread orders. Orders are accepted in writing, by phone, or through electronic orders. Only Chinese citizens and corporations and economic organisations registered in China can participate in DCE’s futures market, and only economic organisations or corporations registered in China can become members of the exchange.

>> Read more about the other Commodity Trading Exchanges