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Commodities Briefing - Categorized | Commodities Exchanges, Trading more

China’s Bohai exchange to launch rubber, iron ore trading in yuan

Posted on 19 December 2013

China’s Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore.
It announced the plans in Hong Kong Tuesday during a roadshow to promote the new trading system, an exchange official said in an interview Wednesday. In April, the exchange became China’s first non-financial organization to get approval from the central government to offer yuan-based cross-border trading………………………………………..Full Article: Source


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