After three years of preparation, the Bohai Commodity Exchange (hereby referred to as the Exchange) was established on Sep 28, 2009. The Exchange was originated by the People’s Government of Tianjin. The establishment of the Exchange is a milestone on the way to realizing China’s financial reform and innovation. The Exchange is the world’s first commodity exchange on which coke (fuel) is listed for trading, and the first commodity exchange on which international crude oil is denominated and settled in Chinese Yuan (Renminbi).

The Exchange serves the real economy and achieves its three main functions (trading, investing and price discovery) through the world’s first Continuous Spot Trading System and its four well-developed service networks, i.e., the market service network, the settlement service network, the logistics service network, and the price broadcasting service network. It provides an open and transparent trading platform for the enterprises that manufacture, trade, or consume commodities. It also offers excellent investment vehicles for investors.

The Bohai Commodity Exchange provides financial leverage; helps to reduce trading costs, and increases business opportunities. The Exchange has developed and will keep developing a broad product line including crude oil, refined oil products, petrochemical products, steels, non-ferrous and other metals, coals, and agricultural products for its traders. We strive to become the most influential global spot trading commodity exchange.