Kansai Commodities Exchange
Encyclopedia
Kansai Commodities Exchange (KEX) is a futures exchange
based in Osaka
, Japan
.
Trading is conducted at six specified session times through the day. Commodities traded are
Futures exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts; that is, a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. These types of...
based in Osaka
Osaka
is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...
, Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
.
Trading is conducted at six specified session times through the day. Commodities traded are
- Azuki (red beans)Azuki beanThe is an annual vine, Vigna angularis, widely grown throughout East Asia and the Himalayas for its small bean. The cultivars most familiar in north-east Asia have a uniform red color, but white, black, gray and variously mottled varieties are also known. Scientists presume Vigna angularis var...
— grade 2 produced in HokkaidōHokkaido, formerly known as Ezo, Yezo, Yeso, or Yesso, is Japan's second largest island; it is also the largest and northernmost of Japan's 47 prefectural-level subdivisions. The Tsugaru Strait separates Hokkaido from Honshu, although the two islands are connected by the underwater railway Seikan Tunnel...
, other grades or origins at a discount
- CoffeeCoffeeCoffee is a brewed beverage with a dark,init brooo acidic flavor prepared from the roasted seeds of the coffee plant, colloquially called coffee beans. The beans are found in coffee cherries, which grow on trees cultivated in over 70 countries, primarily in equatorial Latin America, Southeast Asia,...
index — cash settled average of arabicaCoffea arabicaCoffea arabica is a species of Coffea originally indigenous to the mountains of Yemen in the Arabian Peninsula, hence its name, and also from the southwestern highlands of Ethiopia and southeastern Sudan. It is also known as the "coffee shrub of Arabia", "mountain coffee" or "arabica coffee"...
and robusta on the Tokyo Grain Exchange
- CornMaizeMaize known in many English-speaking countries as corn or mielie/mealie, is a grain domesticated by indigenous peoples in Mesoamerica in prehistoric times. The leafy stalk produces ears which contain seeds called kernels. Though technically a grain, maize kernels are used in cooking as a vegetable...
75 index — cash settled average price of corn at Tokyo Grain Exchange, Fukuoka Futures ExchangeFukuoka Futures ExchangeFukuoka Futures Exchange was a futures exchange founded 1893, based in Fukuoka, Japan. It was absorbed by Kansai Commodities Exchange, based in Ôsaka, and no longer exists. Trading was conducted at six specified session times through the day. At each session, a price was established for each...
and Chicago Board of TradeChicago Board of TradeThe Chicago Board of Trade , established in 1848, is the world's oldest futures and options exchange. More than 50 different options and futures contracts are traded by over 3,600 CBOT members through open outcry and eTrading. Volumes at the exchange in 2003 were a record breaking 454 million...
and soybean meal at Chicago Board of TradeChicago Board of TradeThe Chicago Board of Trade , established in 1848, is the world's oldest futures and options exchange. More than 50 different options and futures contracts are traded by over 3,600 CBOT members through open outcry and eTrading. Volumes at the exchange in 2003 were a record breaking 454 million...
- Frozen shrimpShrimpShrimp are swimming, decapod crustaceans classified in the infraorder Caridea, found widely around the world in both fresh and salt water. Adult shrimp are filter feeding benthic animals living close to the bottom. They can live in schools and can swim rapidly backwards. Shrimp are an important...
— frozen raw headless shell-on black tiger prawnsPenaeus monodonPenaeus monodon, the giant tiger prawn , is a marine crustacean that is widely reared for food.-Distribution:...
for delivery at OsakaOsakais a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...
or KobeKobe, pronounced , is the fifth-largest city in Japan and is the capital city of Hyōgo Prefecture on the southern side of the main island of Honshū, approximately west of Osaka...
- IOM soybeansIOM soybeansIOM soybeans is an industrial designation for soybeans from the U.S. states of Indiana, Ohio, and Michigan. Beans grown in those states have a high protein content that is valued by processors, in particular in Japan...
(possibly GMOGenetically modified organismA genetically modified organism or genetically engineered organism is an organism whose genetic material has been altered using genetic engineering techniques. These techniques, generally known as recombinant DNA technology, use DNA molecules from different sources, which are combined into one...
)
- Non-GMO soybeans — identity-preserved number 2 yellow soybeans of certain USA states origin, delivered in Japan
- Raw silkRaw SilkRaw Silk was an American dance band, originated in New York. Raw Silk is best known for their garage-boogie song "Do It to the Music". The group is consisted of two Crown Heights Affair members, Ron Dean Miller and Bert Reid, and three female vocalists Jessica Cleaves, Sybil Thomas, Tenita Jordan...
— 27 denier 3A produced in Japan, delivered to KobeKobe, pronounced , is the fifth-largest city in Japan and is the capital city of Hyōgo Prefecture on the southern side of the main island of Honshū, approximately west of Osaka...
or YokohamaYokohamais the capital city of Kanagawa Prefecture and the second largest city in Japan by population after Tokyo and most populous municipality of Japan. It lies on Tokyo Bay, south of Tokyo, in the Kantō region of the main island of Honshu...
- Raw sugarSugarSugar is a class of edible crystalline carbohydrates, mainly sucrose, lactose, and fructose, characterized by a sweet flavor.Sucrose in its refined form primarily comes from sugar cane and sugar beet...
— from various countries of origin, delivery at various Japanese ports