Rare Exchange November trial operation

Located in Baotou , there are a number of listed shares of Chinese companies in the opening exchanges of rare earth products more than a year after the last to enter the test run. Reporter yesterday from Baotou aspects confirmation , Baotou Rare Earth Exchange Building has been completed and 23 is the day of the move , the exchange will be November 8 officially test run. " plans to open a promotion, to recruit members . " Informed sources said .

Gu Ming , general manager according to the exchange , the exchange will be set up three kinds of spot trading model, hot varieties auction trading , traded , real-time trading . Traded similar to Taobao , the sale of non-product restrictions ; instant transactions like the last issue of the electronic disk, you can see a variety of on-line real-time prices and trading conditions .

And the variety of real-time transaction contemplated from neodymium oxide, praseodymium oxide, lanthanum oxide, cerium and europium oxide selected from two or three specific yet been determined. Gu Ming said the proposed future on the line two three varieties of a large amount of market activities .

In the industry view , commodities electronic business platform difficult. Contains 17 species , with 12 shareholders of Chinese rare earth exchange , especially difficult. August 8, 2012 , China rare earth products in Baotou City Exchange Limited formally inaugurated .

There was news that the formal operation of the exchange , the result of a transaction between shareholders product standards development, delivery of library settings difficult to reach agreement on issues such as the delay. In this regard, the industry believes that there is a difference because each product , how to design a standardized rare earth products will be a problem. Exchange can not open as scheduled in August , allegedly unified standard is one of the reasons is difficult .

Closing libraries is another problem. Reporters learned that exchange initial intention , set up a high-tech zones in Baotou delivery library . " Closing libraries is of course all over the country , the better. " an exchange of shareholders said .

Problems encountered Baotou Rare Earth Exchange , electronic commodities trading industry is experiencing a common problem. Domestic Hebei Iron and Steel , Baosteel and other electronic trading platforms are mainly self-produced varieties ; hasty last Ganzhou Rare Earth Stock Exchange listing, allegedly only made ​​a deal .

Industry sources said the Baotou Rare Earth traders after the operation will encounter the same problem of trading activity .

China copper, iron, oil , lead, zinc and other commodities lack of mineral resources , but rich in rare earth reserves . Baotou Steel Rare Earth controlling shareholder has the largest rare earth mine in Bayan Obo . Rare Northern integrators as well as the largest rare earth enterprises , Baotou Steel Rare Earth in light field with global influence . To this end, Gu Ming believes that exchanges will light rare earth products on-line price guide.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

• < Prev
• Next >