List of commodities exchanges

A commodities exchange is an exchange, or market, where various commodities are traded. Most commodity markets around the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, and metals). Trading includes and various types of derivatives contracts based on these commodities, such as forwards, futures and options, as well as spot trades (for immediate delivery).

The floor of the Chicago Board of Trade, a major commodities exchange in the United States.

A futures contract provides that an agreed quantity and quality of the commodity will be delivered at some agreed future date. A farmer raising corn can sell a futures contract on his corn, which will not be harvested for several months, and gets a guarantee of the price he will be paid when he delivers; a breakfast cereal producer buys the contract and gets a guarantee that the price will not go up when it is delivered. This protects the farmer from price drops and the buyer from price rises. Speculators and investors also buy and sell these contracts to try to make a profit; they provide liquidity to the system.

Some of these exchanges also trade financial derivatives, such as interest rate and foreign exchange futures, as well as other instruments such as ocean freight contracts and environmental instruments. In some cases these are mentioned in the lists below.

Major commodity exchanges

Rank Year Commodity Exchange Short name Region Market Cap (USD billion)
1 2018 Chicago Mercantile Exchange CME Chicago
2 2018 Tokyo Commodity Exchange TOCOM Tokyo
3 2018 London Metal Exchange LME London

Commodities exchanges across the world

Main commodity exchanges worldwide:

Africa

NameAbbreviationCityCommodity types
Ghana Commodity Exchange[1] GCX Accra, Ghana Agricultural
Africa Mercantile Exchange AfMX Nairobi, Kenya Agricultural, Energy
Egyptian Commodities Exchange EGYCOMEX Cairo, Egypt Agricultural, Energy
Nairobi Coffee Exchange NCE Nairobi, Kenya Coffee
Ethiopia Commodity Exchange ECX Addis Ababa, Ethiopia Agricultural
Mercantile Exchange of Madagascar[2] MEX Antananarivo, Madagascar Agricultural, Metals, Energy
East Africa Exchange[3] EAX Kigali, Rwanda Agricultural
Agricultural Commodity Exchange for Africa[4] ACE Lilongwe, Malawi Agricultural
Auction Holding Commodity Exchange[5] AHCX Lilongwe, Malawi Agricultural
Bourse Africa (previously GBOT)[6][7] Ebene City, Mauritius Metals, Forex
South African Futures Exchange (part of JSE Limited) JSE Sandton, South Africa Agricultural
Nigeria Commodity Exchange NCX Abuja, Nigeria Agricultural products
Lagos Commodities and Futures Exchange LCFE Lagos, Nigeria Agricultural products, Oil and Gas, Currency, Solid Minerals
AFEX Commodities Exchange Limited[8] AFEX Nigeria Abuja, Nigeria Agricultural products
Zimbabwe Mercantile Exchange ZMX Harare, Zimbabwe Agricultural commodities

Americas

Exchange Abbreviation Location Product Types
Brazilian Mercantile and Futures Exchange BMF São Paulo, Brazil Agricultural, Biofuels,
Chicago Board of Trade (CME Group) CBOT Chicago, United States Grains, Ethanol, Treasuries, equity index, Metals
Chicago Mercantile Exchange (CME Group) CME Chicago, United States Meats, Currencies, Eurodollars, equity index, interest rate future
Chicago Climate Exchange CCX Chicago, United States Emissions
Flett Exchange Jersey City, United States Environmental
HedgeStreet Exchange California, United States Energy, industrial Metals
HoustonStreet Exchange New Hampshire, United States Crude Oil, Distillates
Intercontinental Exchange ICE Atlanta, United States Energy, Emissions, Agricultural, Biofuels
Kansas City Board of Trade KCBT Kansas City, United States Agricultural
LedgerX LX New York, New York Digital Assets
Memphis Cotton Exchange Memphis, United States Agricultural
MATba Rofex MATba Rofex Argentina Financial and Agricultural
Minneapolis Grain Exchange MGEX Minneapolis, United States Agricultural
Nadex Exchange Chicago, United States Energy, industrial Metals
Nodal Exchange Nodal Virginia, United States Energy, Power, Environmental
New York Mercantile Exchange (CME Group) NYMEX New York, United States Energy, Precious Metals, Industrial Metals
Sioux City Grain Exchange SCGX Sioux City, United States Agricultural
U.S. Futures Exchange USFE Chicago, United States Energy
Winnipeg Commodity Exchange ICE Manitoba, Canada Agricultural

Asia

Name Abbreviation Location Product Types
Bombay Stock Exchange BSE India Base metal, agricultural, energy, precious metals
Manila Commodity Exchange MCX Manila Philippines Base metals, agricultural, energy, and currencies
International Commodity Exchange Kazakhstan Almaty Kazakhstan Industrial and Mineral Products, Oil by-products and petrochemicals, Agricultural
Agricultural Futures Exchange of Thailand[9] AFET Bangkok Thailand Agricultural
Bangla Mercantile Exchange
Bursa Malaysia MDEX Malaysia Biofuels
Cambodian Mercantile Exchange CMEX Phnom Penh, Cambodia Energy, Industrial Metals, Rubber, Precious Metals, Agricultural
Chittagong Tea Auction Chittagong, Bangladesh Tea
Dalian Commodity Exchange DCE Dalian, China Agricultural, Plastics, Energy
Dubai Mercantile Exchange DME Dubai Energy
Dubai Gold & Commodities Exchange DGCX Dubai Precious Metals
Hong Kong Mercantile Exchange HKMEx Hong Kong Gold, Silver
ICE Futures Abu Dhabi IFAD Abu Dhabi Murban oil futures
Indonesia Commodity and Derivatives Exchange ICDX Jakarta, Indonesia Agricultural, Base Metals, Financial Products
Iran Energy Exchange IRENEX Tehran, Iran All energy carriers such as crude oil, petroleum products, electricity, coal
Iran Mercantile Exchange IME Tehran, Iran Industrial and Mineral Products, Oil by-products and Petrochemicals, Agricultural
İzmir Commodity Exchange ICE Izmir, Turkey Agricultural
Jakarta Futures Exchange[10] JFX Jakarta, Indonesia Cocoa, Coffee, Precious Metals, Olein, CPO, Coal, Tea, Rubber
Osaka Exchange (Japan Exchange Group) XOSE Osaka, Japan Financials, Precious Metals, Rubber, Agricultural[11]
Osaka Dojima Exchange XKAC Osaka, Japan Agricultural, Raw sugar, Precious metals[12]
Commodities & Metal Exchange Nepal Ltd. COMEN Nepal Gold, Silver
National Spot Exchange Limited [NSEL] Mumbai, India
Nepal Derivative Exchange Limited [NDEX] Kathmandu, Nepal Agricultural, Precious Metals, Base Metals, Energy
Derivative and Commodity Exchange Nepal Ltd. DCX Kathmandu, Nepal Agricultural, Bullion, Base Metals, Energy
MEX Nepal MEX Kathmandu, Nepal Agricultural, Bullion, Base Metals, Energy
Nepal Spot Exchange Limited NSE Kathmandu, Nepal Agricultural, Bullion
Indian Commodity Exchange Limited ICEX India Energy, Precious Metals, Base Metals, Agricultural www.icexindia.com
Multi Commodity Exchange MCX India Precious Metals, Base Metals, Energy, Agricultural
National Commodity and Derivatives Exchange NCDEX India Precious Metals, Base Metals, Energy, Agricultural
National Multi-Commodity Exchange of India Ltd NMCE India Precious Metals, Base Metals, Agricultural
Chamber of Commerce, Hapur COC India Agricultural
Ace Derivatives & Commodity Exchange Ltd. ACE India Agricultural
Bhatinda Om & Oil Exchange Ltd. BOOE India Agricultural
Universal Commodity Exchange UCX India Agricultural, Energy, Precious Metals
Pakistan Mercantile Exchange PMEX Pakistan Precious Metals, Agricultural, Energy, Interest rate futures, currencies, Metals
Shanghai Futures Exchange SHFE Shanghai, China Industrial metals, Gold, Petrochemicals, Rubber, Base metals
Shanghai International Energy Exchange INE Shanghai, China Energy, rubber, metal
Shanghai Gold Exchange Shanghai, China Precious Metals
Singapore Commodity Exchange SICOM Singapore Agricultural, Rubber
Asia Pacific Exchange APEX Singapore Financials, Agricultural, Energy
ACX (AirCarbon Exchange)[13] ACX Singapore Carbon offset
Uzbek Commodity Exchange UZEX Tashkent, Uzbekistan Metals, crude oil products, chemicals, base oils, LPG and polyethylene, sugar, agricultural, etc.
Tokyo Commodity Exchange (Japan Exchange Group) TOCOM Tokyo, Japan Energy[11]
Zhengzhou Commodity Exchange CZCE Zhengzhou, China Agricultural, PTA
Mercantile Exchange of Vietnam VNX Hanoi, Vietnam Coffee, Rubber, Steel
Buon Ma Thuot Coffee Exchange Center BCEC Buon Ma Thuot, Vietnam Coffee
Mongolian Commodity Exchange MCE Ulaanbaatar city, Mongolia There are 21 types of raw materials of 6 group commodities traded on the market:

"Cashmere, Wool, Livestock, Grain, Meat, Leather"

Europe

Exchange Abbreviation Location Product Types Life Time
APX-ENDEX APX-ENDEX Amsterdam, Netherlands Energy
Trieste Commodity Exchange BMTS Trieste, Italy Agricultural
Commodity Exchange Bratislava, JSC CEB Bratislava, Slovakia Emissions, Agricultural, Diamonds
Climex CLIMEX Amsterdam, Netherlands Emissions
Deutsche Börse/Eurex DBAG/EUREX Frankfurt, Germany Agricultural, Metals, ETCs, Commodities Index
European Climate Exchange ECX London, UK Emissions founded in 2005, acquired by ICE in 2010 and merged into ICE Futures Europe
European Energy Exchange EEX Leipzig, Germany Power, Natural Gas, Emissions, Coal
Energy Exchange Austria EXAA Vienna, Austria Energy, Emissions
Commodities Investment Exchange[14] COINVEX London, England Oil & Gas, Mining, Renewable Energy
Integrated Nano-Science & Commodity Exchange INSCX United Kingdom Nanomaterials
London Commodity Exchange LCE London, UK Agricultural Merged into LIFFE in 1996
Nasdaq Commodities[15] Oslo, Norway Power, Natural Gas, Emissions, Freight, Iron Ore
Nord Pool Spot[16] Oslo, Norway Power, Energy Acquired by Euronext in 2020
Euronext Europe Agricultural
London Metal Exchange LME London, UK Industrial Metals, Plastics (Delisted in 2011)
Power Exchange Centra Europe[17] PXE Prague, Czech Republic Power
Belarusian Universal Commodity Exchange BUCE Minsk, Belarus Metals, Agricultural, Timber, Industrial and consumer goods
Saint-Petersburg International Mercantile Exchange[18] SPIMEX Moscow, Russia Crude oil, Petrochemicals, Natural gas, Metals, Agricultural, Timber
Moscow Energy Exchange[19] MOSENEX Moscow, Russia Energy Closed since March 2017
Iberian Energy Exchange OMIE-OMIP Lisboa-Madrid, Portugal-Spain Power, Energy

Oceania

Exchange Abbreviation Location Product Types
Australian Securities Exchange ASX Sydney, Australia Agricultural, Energy, Interest Rate Future
ABX Global ABX Brisbane, Australia Precious Metals
CBL Markets[20] CBL Sydney, Australia Energy, Emissions, Environmental

See also

References

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