Rare Exchange in January no new transactions need to wait for the official carrier

Baotou Rare Earth Exchange completed three transactions since its trial operation last November , but this year no new transactions. "At present we are still updating changes in accordance with national laws and regulations relevant provisions , in addition to electronic trading , other modes , has already started operations , but it is yet to be determined hours of operation " , Baotou Rare Earth Exchange insiders said .

It is understood that dilute Exchange prominently big picture still shows " Baotou Rare Earth Products Exchange upcoming trial operation ." It is understood that , since 2011, led by the ministerial joint conference system of the Commission , responsible for combating illegal securities futures exchanges around rectify chaos . "At present, the Baotou Rare Earth exchanges are carried out in accordance with the Commission 's internal regulations amend the relevant regulations , but the rare earth exchange trading pattern is compliance ," the source said .

According to analyst Wu Chen- hui said that the rare earth quote more sensitive, due to the presence of competitors , and many other reasons, many businesses are reluctant to open their own production information , the disclosure of information exchange between buyers and sellers , or there is something wrong . This is also an important reason for thinly traded , he further said , rebar and other products are not as rare as a stable market electronic trading , Baotou Rare Earth Products Exchange to form a stable market needs to be time.

Insiders otherwise declined to be named , said there are still some companies are more or less black RE transaction , of unknown origin has not been washed for rare earth products could not land exchanges, which may also be a factor affecting the development of the Exchange .


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