Dalian Commodity Exchange will launch coke futures trading this year to provide new hedging tools for the industry, said Liu Xingqiang, General Manager of the Dalian Commodity Exchange.

The coke industry has witnessed frequent price fluctuations in recent years. Enterprises have an urgent need to stave off the risks, Liu said .

Preparation work for the trading is underway, he said.

The coke industry plays an important role in China's booming economy, with annual output and consumption both above 300 million tons in recent years, said Liu.