(Yicai Global) Dec. 24 — The Dalian Commodity Exchange, one of four futures exchanges on the Chinese mainland, will begin allowing overseas investors to participate in the futures trading of refined, bleached and deodorized palm olein, a type of palm oil, from today in order to exert more influence on global prices.

China imports all its palm oil, which is used in a wide range of commodities from cooking oil to animal feed. Around half of all the products in a supermarket, both edible and non-edible, are made with palm oil.

The DCE began trading in RBD palm olein futures back in 2007. It was the first solely imported product to be traded in futures in China back then and is now the seventh commodity future product available to overseas investors. …

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Bringing you the latest on business, finance, economy, IT and TMT in China, plus minute-by-minute stock market updates @chinastock. 中国最大财经媒体第一财经英文资讯服务的官方账号

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