Zhangjiagang Chemical Electronic Exchange Market specializes in offering
services to clients who are engaged in chemical spot trading on net,
including information providing, logistic service, clearing service
and so on. It is the first and the only one of its kind in Zhangjiagang
City. It is under the leadership of and with great help of Zhangjiagang
Free Trade Zone Committee, cooperating with QIYANG INTERNATIONAL CO.
LTD., a well-known domestic logistic and professional market developing
enterprise and administrative agency. After more than a year¡¯s careful
preparation, it finally came into operation in late December, 2006. Zhangjiagang Electronic Chemical Exchange Market will gradually form six centers,
namely the market center of chemical products transactions in Yangtze
River Delta, the exchange center of chemical products in China and
even in Asia, the price issuance center of international influence,
the service center of chemical logistics, the radiation center of
economic development and the gathering center of high-level foreign
investment. By the introduction and digestion of international advanced
experience, the application of the most advanced E-Commerce Technology,
the realization of the integration of transactions, information and
comprehensive financial services, we together with the enterprises
of liquid chemical production, circulation and consumption will establish
a modern logistics supply chain for liquid chemical, upgrade the status
of the traditional market for chemical products and enhance the development
of the overall chemical industry .
The Electronic Chemical Exchange Market, located in the hinterland
of the Yangtze River Delta and backed on Shanghai, Nanjing, Suzhou,
Wuxi and Changzhou, is the important exchange and distribution center
for chemical products in China. Zhangjiagang chemical spot exchange
market is the top of the 23 chemical markets in china. It has been
awarded as the most competitive market for chemical products by Ministry
of Commerce of China. It not only has huge quantity of exchange, but
also has big customers like Dupont, Bayer AG, and UnocalCorp, which
are famous petrochemical companies in the world. Many chemical storage
and merchants are gathering in Zhangjiagang port. Zhangjiagang chemical
price has been used as the consulted price by Nanjing Customs trial.
Its quotations have a certain influence to the country and even the
world.The Electronic Chemical Exchange Market has signed the cooperation agreement with Bank of China. Bank of China will clear the customer's fund directly and manage the capital account closedly. It takes the third-party monitor, in order to ensure customer's fund. The Trading System of trading market is connected with the Bank System. Customers can operate the capital coming in and going out autonomously through the system, which conveniently realizes the immediate transfer of the fund. The Electronic Exchange market strictly observes the principle of Open, Fair, Impartial and Honest. Combined with the practical situation of chemical exchange market and information on the supply and demand of goods, it provides kinds of circulation styles for goods transactions that enable the customers to purchase and sell more conveniently and securely. It makes effort to change the traditional styles of circulation, to promote the circulation of every element, to eliminate the restraining factors which may prejudice the fair competition, and to lower the cost of trading. In this way, a unified national market will be probed and perfected; the market¡¯s basic role in allocating will be bettered. |
