Dalian Commodity Exchange Finished First Draft Of Coke Contract Regulations And Details

The 3rd China Coke International Market Seminar was held on November 6 in Sanya, Hainan Province. Dalian Commodity Exchange (DCE) organized a forum on coke futures during the seminar. About 20 people attended the forum, including Yan Bangsong, vice chairman of CCCMC (China Chamber of Commerce of Metals Minerals & Chemical Importers & Exports), and delegates from key coke trading and manufacturing enterprises such as MRM (China Metallurgical Raw Material Corp.), CNC Coke (China Coal & Coke Holding Limited), Sinochem Corporation, China Minmetals Corporation, Shanxi Antai Group Co.,LTD and so on.

Guo Xiaoli, vice CEO of DCE said on the forum that DCE is pressing ahead with the research of energy product futures and has been researching coke futures since two years ago. We have made many investigations and studies of main coke production areas and trading ports such as Shanxi, Hebei, Inner Mongolia and Tianjin and so on. The first draft of Coke Contract Regulations and Details has been finished lately and will earnestly seek and heed opinions from the industry to revise and improve relevant regulations for coke contracts. Attendances think that the coke contracts may hold great promise and they expect that it will be listed earlier.