China's 1st Joint-stock Commodity Exchange to Facilitate Trade for 100 Commodities
    2010-10-21 17:38:12     Xinhua      Web Editor: Gongming
China's first joint-stock commodity exchange -- northern Tianjin Municipality-based Bohai Commodity Exchange -- said Thursday it plans to facilitate trade for 100 commodities over the next three to five years.
Audio

China's first joint-stock commodity exchange -- northern Tianjin Municipality-based Bohai Commodity Exchange -- said Thursday it plans to facilitate trade for 100 commodities over the next three to five years.

"The priority this year is the listing of iron ore," said Zheng Yu, deputy general manager of the exchange.

He said most of the commodities traded on the exchange will be strategic commodities.

The exchange will build 200 warehouses to facilitate spot trading of commodities.

The Bohai Commodity Exchange began operations in December 2009. It currently lists five commodities: crude oil; hard coking coal; thermal coal; rolled steel plates; and deformed steel bars.

Share

                  


CRIENGLISH.com claims the copyright of all material and information produced originally by our staff. All rights reserved. Reproduction of text for non-commercial purposes only is permitted provided that both the source and author are acknowledged and a notifying email is sent to us.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by CRI.

 
Audio Reports more »
Biz Life more »
Policy more »
Markets more »

• China
China News
Chinese Press
Diplomatic
Society
Gallery
• World
Asia-Pacific
Europe
Americas
Middle East
Africa
• Video
Traveller
Culture Heritage
Beyond Stardom
Dynamic China

Life 360
Panoramic Sports
• Radio
Highlights
Livecast
Ways to Listen
• Business
Audio
Markets
Editor's Choice
Biz Photo
Special Coverage
• Travel
Destinations
Editor's Pick
What's in
On the Road
• Showbiz
Chinese Films
Music & Stage
Art & Literature
Video
Photo Gallery
Special Coverage
• Language Learning
Ask Pingping and Jules
Chinese Studio
Elementary Chinese
Pop Charts
English News
English Snippets