The opening ceremony for Dalian Commodity Exchange (DCE) – Heyirong Industry Cultivation Base and the first West China grain and oils enterprise workshop were held in Xi’an on June 18 and 19. The workshop was supported by DCE, sponsored by Beijing Heyirong Investment Group and co-sponsored by Galaxy Futures and Tianjin Leo International Trade Co., Ltd.
After the inauguration, the base will also hold the “mobile classroom” to provide training in hedging and basis trading for the grain and oils enterprises in West China.
At the first workshop, the industry cultivation base invited the experts in futures and spot trading in the oils and oilseeds industry to elaborate on the supply and demand in the oils and oilseeds markets at home and abroad, how the enterprises should use the futures and basis in business and other aspects. Attending the workshop were the representatives of over 160 enterprises in the oils and oilseeds industry in West China.
Yang Qing, general manager of Galaxy Futures Co., Ltd., believed that DCE has adapted to the demand for industrial development and industrial upgrading and transformation by extending the cultivation base from the futures circle to the typical industrial enterprises.