Being Close to Spot Trading and Increasing the Representativeness of Futures’ Prices, DCE Announces the List of Registered Delivery Brands of LLDPE and PP Futures
Date:23 April 2020

On April 21, 2020, Dalian Commodity Exchange (DCE) issued the "Notice on Announcement of Delivery Brands of Linear Low Density Polyethylene and Polypropylene Futures", and clarified the list of brands that they can be used for the delivery of linear low density polyethylene (LLDPE) and polypropylene (PP) futures. The brand delivery system will be implemented from contract 2104. Market participants said that all the brands announced this time are mainstream brands widely accepted and recognized by downstream enterprises. Only the above-mentioned mainstream brands can enter into the delivery process is in line with spot trading habits and brand characteristics. While meeting the delivery and goods pick-up needs of enterprises and reducing delivery costs, it will also ensure the futures prices represent mainstream brands and promote the function of futures.

According to the notice, 17 brands such as "China Coal" LLDPE produced by China Coal Yulin Energy Chemical Industry Co., Ltd are LLDPE futures delivery brands of DCE. Among them, the “China Coal” brand produced by China Coal Yulin Energy Chemical Industry Co., Ltd and Inner Mongolia China Coal Mengda New Energy Chemical Co., Ltd are registered brands that do not require inspections. 18 brands such as "China Coal" PP produced by China Coal Yulin Energy Chemical Industry Co., Ltd are PP futures delivery brands of DCE. Among them, the “China Coal” brand produced by China Coal Yulin Energy Chemical Industry Co., Ltd and Inner Mongolia China Coal Mengda New Energy Chemical Co., Ltd, the "Juxitang" brand produced by Oriental Energy (Zhangjiagang) New Materials Co., Ltd. and "Zhongjing Petrochemical" brand produced by Fujian Zhongjing Petrochemical Co., Ltd. are 4 registered brands that do not require inspections.

Disclaimer: This English translation may be used for reference only. In cases there is any discrepancy between the English version and the original Chinese version, the original Chinese version shall prevail. Dalian Commodity Exchange may change or update this English translation without any prior notice and shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or change with regard to this English translation.

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