CHINA: DCE discussion meeting on contract rules of fiberboard and plywood futures

Tuesday November 26 2013

The Dalian Commodity Exchange (DCE) has held a discussion meeting on the contract rules of fiberboard and plywood futures in Guangzhou. Various representatives compared in-depth notes on the contracts and the draft rules of the futures of the two boards, providing their opinions and suggestions on further improving the contracts and rules.

The experts present at the meeting also compared notes in detail on issues such as improving the setting of the standard products, the details of the quality inspection operations and the delivery sites. Some industrial representatives proposed that after the listing, DCE could organise the training for the industry so that the relevant industrial enterprises could gain in-depth understanding of the contracts and rules for the futures of fiberboard and plywood and better participate in and make use of the market.

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