Gold Dubai has an impressive history and established trade in the precious metals industries. DGCX will launch its trading operations with a gold futures contract to be followed by a gold options contract. The contract specifications have been developed in consultation with precious metals traders. The gold contract unit will be for 1 kilogram of gold (0.995 fineness) deliverable at DGCX approved vaults in the United Arab Emirates. Silver Dubai remains a crucial link in the international silver trade and the second contract to be launched on DGCX will be a silver futures contract and followed by a silver options contract. The silver contract will be for 1,000 troy ounces of silver (0.999 fineness?) and deliverable at DGCX approved vaults in the United Arab Emirates. Fuel Oil The Arabian Gulf has tremendous liquidity in fuel oil in terms of both freely traded import/export volumes and bunkers traded in Fujairah, the world's second largest bunker market (12 million tons per annum). The volumes traded in the Gulf markets are predicted to continue growing substantially over the next decade. Steel With the unprecedented construction boom in the Middle East, the region has emerged as a major market for steel. Today Dubai ranks as one of the largest consumer markets for steel worldwide and with current growth plans in the region demand is set to increase even further.

Freight Rates Ocean freight rates, both for bulk cargos and containers, have fluctuated dramatically in recent years. These have significant implications for those engaged in international trade, as the very rationale for certain trade transactions can be reversed by subsequent movements in freight rates. Cotton Cotton futures trading dates back to the nineteenth century and continues to have a strong presence in the Commodities Trading Markets even today. Dubai is strategically located to tap into regional raw cotton trade flows, with significant production in CIS States, North and West Africa and significant demand from India, Pakistan and the Far East. Other products DGCX has plans to provide additional contracts for various other commodities. The necessary market research on these commodities is underway.

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