On April 20, sponsored by China Petroleum and Chemical Industry Federation (CPCIF), the 2017 Petrochemical Industry Development Conference was held in Dalian. At the conference, Jiang Wei, director of industrial development department of Dalian Commodity Exchange (DCE), said that in recent years DCE has continued to advance the OTC option business, the basis pricing model and a number of innovative delivery systems. ,Market training has been strengthened. Petrochemical clients get access to a full range of hedging tools and are of increasing interest to participate in the futures, having pushed forward the win-win development in the futures market and the petrochemical industry.
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