Almaty, Kazakhstan
Location
Almaty, Kazakhstan
Region
Asia
Product Types
Industrial and Mineral Products, Oil by-products and petrochemicals, Agricultural
The International Commodity Exchange Kazakhstan is a commodity exchange based in Almaty, Kazakhstan, facilitating trading in industrial and mineral products, oil by-products, petrochemicals, and agricultural commodities. Kazakhstan is one of Central Asia's largest economies, rich in oil, gas, and minerals, making it a pivotal commodity market in the region. The exchange supports price discovery for Kazakhstan's significant agricultural sector, including wheat and grain, as well as its energy and mineral exports.
The Jakarta Futures Exchange (JFX), established in August 1999 and launching trading in October 2000 in Jakarta, is one of Indonesia's two licensed commodity futures exchanges. JFX operates under the supervision of BAPPEBTI (Indonesia's Commodity Futures Trading Regulatory Agency) and provides futures contracts for agricultural commodities (cocoa, coffee, crude palm oil, olein, rubber), precious metals (gold, silver), and energy products (coal). The exchange serves as a key price-discovery platform for Indonesia's agricultural export sector.
The Zhengzhou Commodity Exchange (CZCE), established in 1990, is one of China's three major commodity futures exchanges, regulated by the China Securities Regulatory Commission (CSRC). CZCE is the world's largest futures exchange for white sugar, wheat, cotton, and purified terephthalic acid (PTA). The exchange primarily serves agricultural and light industrial markets, listing futures and options for hard winter wheat, rape seed oil, cotton, white sugar, PTA, methanol, glass, soda ash, and thermal coal.
The Singapore Commodity Exchange (SICOM), founded in 1992, was Singapore's primary exchange for rubber futures and agricultural commodity derivatives. SICOM operated key rubber contracts including Ribbed Smoked Sheets Grade 3 (RSS3) and Technically Specified Rubber Grade 20 (TSR20), establishing Singapore as a global benchmark price-setting centre for Southeast Asian natural rubber. SGX (Singapore Exchange) acquired SICOM in 2014, integrating its commodity derivatives into the broader SGX platform, where SICOM rubber contracts continue to trade under the SGX Group umbrella.
The Shanghai International Energy Exchange (INE), a wholly-owned subsidiary of the Shanghai Futures Exchange (SHFE), was established in 2013 and launched its first product — the Yuan-denominated crude oil futures contract — in March 2018. The crude oil contract was China's first commodity futures contract opened to direct foreign investment, marking a historic step in China's internationalisation of commodity markets. INE also lists bonded copper and natural rubber RSS3 contracts, with further international commodity products in development.