BEIJING, April 16 (Xinhua) -- Dalian Commodity Exchange (DCE) will continue to innovate and optimize the rules and regulations on delivery, expand bonded delivery areas and establish overseas warehouses, according to Liu Zhiqiang, general manager assistant of DCE.
Liu made the remarks on DCE’s 2019 Work Summary Conference on Industrial Product Delivery recently.
Since the first industrial product futures conference held in 2013, the number of DCE’s industrial product futures has increased from three to seven, covering a number of industrial chains including petrochemical, the number of delivery warehouses has increased from 37 to 82, and the average annual growth of delivery volume reaches 43 percent, said Wang Weijun, vice general manager of DCE.
At present, DCE’s warehouses of industrial products scatter in 12 provinces, municipalities and autonomous regions in China. Since 2013, the cumulative delivery volume of industrial products has reached 11.08 million tons, accounting for 50.5 percent of the total delivery volume of the exchange. (Edited by Tong Wei, tongwei@xinhua.org)
A single purchase
