Zhengzhou Commodity Exchange (Chinese: 郑州商品交易所; ZCE), established in 1990, is a futures exchange in Zhengzhou, one of the three futures exchanges in China.
It still specializes in agricultural and chemical product futures, including hard white wheat, strong gluten wheat, sugar, cotton, rapeseed oil and PTA, a petroleum-based chemical product.
History
Zhengzhou Commodity Exchange was the first experimental futures market approved by the State Council, established on October 12, 1990. The ZCE, which started with forward contract trading, launched its first futures contracts on five agricultural products - wheat, corn, soybean, green bean and sesame on May 28, 1993.