Complex Made Simple

DMCC reports strong growth in commodities trading

The Dubai Multi Commodities Centre (DMCC) has reported strong growth in the value of commodities traded through Dubai in 2010. Total value of diamond trading has more than doubled to $16.3bn from $7.6bn in the first half of the year, while tea transacted a record 10.6m kg in the year as a whole. The free zone expects to see continued growth this year, DMCC said.