Dalian Commodity Exchange: Claim Settlement For Corn “Insurance + Futures” Project Achieved In Zhenlai, Jilin

On November 23, a ceremony was held for the claim settlement of the corn “insurance + Futures” project, which was supported by Dalian Commodity Exchange (DCE) and launched by Hongye Futures, in Zhenlai County, Jilin Province, also a national-level poverty-stricken county. The project was one of the 32 “insurance + Futures” projects supported by DCE in 2017, providing protection against price rick for 22,000 tonnes of corn in Zhenlai County, with the insured farmers receiving a total of RMB 1.05 million in claim settlement. Attending the ceremony for the claim settlement were the officials of Hongye Futures, PICC Jilin Branch, Zhenlai County Government and DCE as well as the representatives of the insured farmers. A workshop on the “new models of financial service for ‘San Nong (agriculture, farmers and rural areas)’” was also held after the ceremony.