At JLC, our purpose is simple—We empower market participants.

With twenty years of endeavor in China’s bulk commodity market, we are proud to offer our premium services in data intelligence, real-time business information, industry analysis, custom reports, market research and consultation, conference & training, pricing solutions and risk management to 1.38 million customers worldwide.

Headquartered in Beijing with branches in Shanghai, Guangzhou, Jinan, Zibo, Yantai, and Singapore, JLC has a professional team of hundreds of insightful analysts and research fellows providing data and intelligent application services with the help of technologies including big data and artificial intelligence. Our strong database comprising global spot commodity prices, derivative prices, data on market fundamentals, industry data and macroeconomic data covers hundreds of products in over a dozen industries such as oil, natural gas, chemicals, hydrogen, steel, plastic, rubber, polyurethane, chemical fertilizers, chemical fiber and coating materials.

Apart from companies in the above-mentioned industries, we also have long-standing customers ranging from financial institutions and government associations to research institutes. With our services, they have strengthened the ability in market analysis, prediction, business decision-making and risk control, all enabling them to trade with higher efficiency and profitability.

As a leader in comprehensive, digitalized and intelligent service in China’s bulk commodity market, JLC has been an established partner of the National Development and Reform Commission (NDRC) for the latter’s price monitoring, and has been listed among Beijing’s first batch of pilot companies for innovative application of big data. We also collaborate closely with S&P Global Commodity Insights, Refinitiv, Bloomberg, and the Singapore Exchange Ltd (SGX).

Inspired by the core values, our team takes the initiative, stands the tests, breaks new ground and strives for excellence. Dedicated to making commodity trading more efficient, JLC is committed to establishing itself as a world-class provider of comprehensive, digitalized and intelligent service in the industry.

The Premier International Commodity Exchange in the Middle East

Formerly known as DME (Dubai Mercantile Exchange), GME (Gulf Mercantile Exchange) has a distinguished history of providing robust and reliable commodity trading solutions. DME was founded with the vision of creating Internationally accessible derivatives markets for Middle East commodities.

Launched in June 2007 as a joint venture between Dubai Holding, Oman Investment Authority, and CME Group, DME aimed to bring fair and transparent price discovery and efficient risk management to the East of Suez. The Oman Crude Oil Futures Contract (DME Oman) became its flagship contract, providing the most transparent crude oil benchmark for the region and the largest physically delivered crude contract in the world and over 3 Billion Barrels Delivered through the exchange mechanism with 21 Billion Barrels Traded.

On inception of the DME Oman Crude contract the Oman National Oil Company (Ministry of Oil and Gas in 2007) adopted the DME price discovery mechanism as the basis for pricing all its Oil exports to Asia (East of Suez)

This price National level recognition of DME was followed by Dubai Department of Petroleum Affairs (2009), Saudi Aramco (2018), Bahrain Petroleum Company (2018), and Kuwait Petroleum Corporation (2020) all committing to use the benchmark in their pricing formula with their Asia customers.

In 2024, The Saudi Tadawul Group (STG) acquired a third strategic stake in DME. This acquisition marked a significant milestone in the exchange’s evolution, prompting its rebranding to the Gulf Mercantile Exchange (GME) and recognition of its Middle East markets expertise to drive a 10 year plan to build commodity markets in the Kingdom of Saudi Araia and across the GCC.

GME is strategically located within the Dubai International Financial Center (DIFC), a financial free zone dedicated to promoting financial services within the UAE. The exchange is regulated by the Dubai Financial Services Authority.

In partnership with CME Group shareholder, GME products are listed and executed on the CME Globex matching engine and cleared via by CME Clearing. CME is regulated by the U.S. Commodity Futures Trading Commission (CFTC) and is recognized by the DFSA.