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Dalian Commodity Exchange: 225 million Contracts Change Hands Jan.-Sept.

Date 24/10/2007

The Dalian Commodity Exchange (DCE) had 225 million contracts change hands in the first nine months this year, with turnover reaching a historical record 6.69 trillion.

DCE has been gaining influence on the global commodities industry after ten years of development, President and CEO Liu Xingqiang said. The exchange introduced LLDPE in July, and RBD palm oil will begin trading Oct. 29. Meanwhile research on live hog contract has picked up, taking the DCE to an integrated operation from a pure agricultural bourse.