Shanghai, China
Abbreviation
SHFE
Location
Shanghai, China
Region
Asia
Product Types
Industrial Metals, Precious Metals, Energy, Petrochemicals, Rubber
The Shanghai Futures Exchange (SHFE), established in 1999 through the merger of the Shanghai Metal Exchange, Shanghai Cereal and Oils Exchange, and Shanghai Commodity Exchange, is one of China's three principal commodity futures exchanges, regulated by the CSRC. By trading volume, SHFE consistently ranks among the world's largest exchanges for copper, zinc, rebar steel, and silver futures. Listed products include base metals (copper, aluminum, zinc, lead, nickel, tin), precious metals (gold, silver), energy (crude oil, fuel oil), and industrial materials (natural rubber, bitumen, rebar steel, wire rod, hot-rolled coil).
Multi Commodity Exchange of India (MCX), founded in 2003 and headquartered in Mumbai, is India's largest commodity derivatives exchange and the world's 6th largest commodity futures exchange by contracts traded (FIA, 2024). MCX offers futures and options in precious metals (gold, silver), base metals (copper, aluminium, zinc, lead, nickel), and energy (crude oil, natural gas), providing essential price-discovery and hedging tools to India's producers, traders, and institutional participants. As of 2025, MCX counts 568 registered members with pan-India market access. Key 2025 milestones include the launch of India's first Electricity Futures Contract (July 2025), Nickel Futures (August 2025), and Options on the MCX BULLDEX® Metals Index (October 2025). Regulated by SEBI since 2015 following the merger of the Forward Markets Commission into SEBI, MCX operates under a robust regulatory framework ensuring market integrity and investor protection.
The Buôn Ma Thuột Coffee Exchange Center (BCEC) is a specialised coffee commodity exchange based in Buôn Ma Thuột (Đắk Lắk province), the heart of Vietnam's Central Highlands coffee-growing region. BCEC provides a local trading and auction platform for robusta coffee, the primary variety grown in the Central Highlands, which accounts for approximately 90% of Vietnam's coffee output. Vietnam is the world's second-largest coffee producer and the largest producer of robusta coffee globally, making the Buôn Ma Thuột market a significant reference point for global robusta coffee price formation.
The Mongolian Commodity Exchange (MCE), established in 2013 in Ulaanbaatar, is Mongolia's primary platform for trading raw agricultural and pastoral commodities. MCE lists 21 types of raw materials across six commodity groups: cashmere, wool, livestock, grain, meat, and leather. As Mongolia is one of the world's largest producers of cashmere, MCE plays a critical role in setting domestic benchmark prices for this high-value fibre. The exchange aims to bring transparency and standardisation to Mongolia's traditional commodity trading sector.
The Iran Mercantile Exchange (IME), established in 2007 through the merger of the Tehran Metal Exchange and the Agricultural Commodity Exchange of Iran, is Iran's primary regulated commodity exchange. IME trades physical and derivatives contracts for industrial and mineral products (steel, copper, aluminium, zinc, iron ore), oil by-products and petrochemicals, and agricultural commodities. Supervised by Iran's Securities and Exchange Organisation (SEO), IME serves as a key price-discovery mechanism for Iran's large mineral and manufacturing sectors.