DCE (Dalian Commodity Exchange) started trading RBD Palm Olein futures on 22 December
This is the latest internationalised futures contract from China. Given that China is the second largest consumer of palm oil, this is also a much-anticipated contract to be internationalised.
To read about our previous article on the potential and benefits of this contract, click here http://ow.ly/TPPi50CIBo7.
Some frequently asked questions:
1. What’s RBD Palm Olein Futures Internationalization?
DCE RBD palm olein futures internationalization refers to the scheme arrangement by DCE introducing overseas traders to participate in the DCE RBD palm olein futures trading while keeping current domestic RBD palm olein futures contracts unchanged.
2. How to participate as an overseas trader?
There are two routes available for overseas traders to participate: (i) to directly participate in trading through a domestic futures company; and (ii) to participate in trading through an overseas broker entrusted by a domestic futures company.
3. What’s the settlement currency of RBD palm olein futures?
RBD palm olein futures trading is priced and settled with RMB. The settlement of transaction profit or loss, commission fees and delivery payment shall be completed in RMB.
Orient Futures Singapore is an Overseas Intermediary of DCE (Dalian Commodity Exchange) which means you get direct access to the China markets when you trade through us. Partner with Orient Futures Singapore and let us help you navigate into China’s Capital Markets.
For Contract Specifications and trading manual of the DCE RBD Palm Olein Futures: Click here
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Sources:
http://www.dce.com.cn/DCE/Media_Center/Exchange%20News/6251713/index.html
http://www.dce.com.cn/DCE/Products/Agriculture/RBD%20Palm%20Olein/index.html
http://www.dce.com.cn/DCE/Special_Column/rbdpoi/index.html