·Shandong Guangfeng Rubber Tire Trading Center trial operation

Recently, Shandong Guangfeng Rubber Tire Trading Center began trial operation.

At the beginning of the trial operation, the center's trading varieties were natural rubber and mixed rubber.

As of September 9, a number of companies participated in the transaction, completing a total of 8 single transactions, the volume of 533.4 tons.

According to Tire World Network, this trading center is located in Guangrao County, Shandong Province, and was approved by the Shandong Provincial Financial Office. It is an e-commerce trading platform integrating “Internet + bulk raw materials and finished products + high-end financial derivatives transactions”.

According to the plan, this trading center will rely on the cluster advantage of the local tire industry to focus on building an international rubber tire commodity trading platform, industry information platform, price hedging platform, bonded logistics platform and warehousing financing platform.

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