China 1st Rare Earth Import&Export Trade Forum Will Be Held in SH

The first rare earth import and export trade forum of China will be held in Shanghai from July 30 to July 31, 2015. The forum set "Internet，rare earth，financial" as its theme. It is supported by the Ministry of Industry and Information Technology of the People's Republic of China, the Ministry of Commerce of the People's Republic of China, the Economic and Information Commission of Shanghai. Moreover, it gains a lot of attention from in and aboard.

China is a big country in rare earth production, but it is in a very weak position in rare earth pricing for a long time. It is anticipated that price of rare earth in batch should be placed based on the pricing policy by the Exchange. However, if it needs to become true, then rare earth finance is required badly. It is reported that the Shanghai Futures Exchange is also exploring the possibility of rare earth futures market. From the momentum of development, rare earth finance will be long-term development trend of rare earth industry. As the international financial important component, also the rare earth import and export trade important port, if Shanghai accomplishes rare earth finance and establishes the international rare earth trading center, it may also be a very good choice. It is creditable that this forum will play a good role in accomplishing rare earth finance.

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