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Dubai Mercantile Exchange

Dubai, United Arab Emirates

Abbreviation

DME

Location

Dubai, United Arab Emirates

Region

Asia

Product Types

Energy

About Dubai Mercantile Exchange

The Dubai Mercantile Exchange (DME) is the Middle East's leading energy futures exchange, operating the Oman Crude Oil Futures Contract (OSP) and the Dubai Crude Oil futures contract. Established in 2007, DME provides price-discovery and hedging tools for Middle Eastern and Asian crude oil producers and refiners, with the Oman contract serving as a key benchmark for Gulf crude oil pricing. DME is jointly owned by the CME Group, Oman Investment Fund, and various stakeholders.

More Exchanges in Asia

Agricultural Futures Exchange of Thailand

AFET · Bangkok, Thailand

The Agricultural Futures Exchange of Thailand (AFET), established in 2003 and based in Bangkok, is Thailand's primary agricultural commodity futures exchange. AFET offers futures contracts for key Thai agricultural commodities including rubber (Technically Specified Rubber, TSR-20), white rice, and tapioca starch. Thailand is one of the world's largest rubber producers, and AFET's rubber futures contract serves as a regional pricing benchmark. The exchange is regulated by the Securities and Exchange Commission (SEC) of Thailand.

National Spot Exchange Limited

NSEL · Mumbai, India

National Spot Exchange Limited (NSEL) was an Indian electronic spot commodity exchange launched in 2008, promoted by Financial Technologies (India) Ltd. NSEL offered electronic spot trading and warehouse-receipt financing for agricultural commodities and metals. In July 2013, NSEL was unable to meet settlement obligations totalling approximately ₹5,600 crore (~$900 million USD), resulting in one of India's largest commodity exchange scandals. SEBI and government authorities ordered a settlement freeze, suspended trading, and initiated investigations. NSEL has remained suspended since the 2013 default.

Chittagong Tea Auction

· Chittagong, Bangladesh

The Chittagong Tea Auction is one of the major tea auction centres in South Asia, located in Chittagong (Chattogram), Bangladesh. Operated by the Bangladesh Tea Board, the auction facilitates the weekly sale of CTC and orthodox teas grown in the Sylhet and Chittagong Hill Tracts tea gardens. Bangladesh is a significant tea producer, and the Chittagong auction provides benchmark pricing for Bangladeshi teas sold to domestic packers and export buyers, competing with the Kolkata and Colombo tea auction systems.

Universal Commodity Exchange

UCX · India

Universal Commodity Exchange (UCX) is an Indian commodity exchange offering futures and derivatives contracts in agricultural commodities, energy products, and precious metals. UCX operates as one of India's smaller national commodity exchanges, providing an additional venue for commodity price discovery and hedging alongside the larger MCX and NCDEX exchanges. The exchange is regulated by SEBI (Securities and Exchange Board of India).