Chairman Liu Angsheng accepted an exclusive interview with the media at 2014 China (Panzhihua) Titanium Dioxide Trade Fair
Updated:2014-11-27 From: Views: 1775
Following "one exchange with multi trading centers" policy, Chairman Liu mentioned in his speech that Panzhihua Vanadium & Titanium Trading Center, a sub-platform of Tianfu Mercantile Exchange (TME) would be officially run the next day. He added that the trading center would adopts an operation mode called "electronic commerce plus modern logistics supply,and chain financing", with integrated functions of OTC derivatives market with spot electronic market in one, whereas trading on vanadium and titanium OTC derivatives and electronic spot ones could be conducted.
Chairman Liu Angsheng accepted an exclusive interview with Sichuan Satellite TV, Panzhihua TV. He pointed during the interview that TME’s Panzhihua Vanadium & Titanium Trading Center, a new market type, would act as a fair platform for China's upstream and downstream enterprises and traders of vanadium and titanium chain industries since it would provide all participants function services like convenient transaction, hedging, arbitraging, and capacity pre-sale,so as to promote a premeditated trading and producing for those enterprises and traders when facing a continuous price fluctuation. He also added that through the center advantage, Panzhihua Vanadium & Titanium Trading Center could integrate warehousing, logistics and financing, substantially help all to achieve a circulation cost cut, simplifying financing process and increasing profit.
201 4 China (Panzhihua) Titanium Dioxide Trade Fair is part of 2014 China (Panzhihua) Vanadium & Titanium Fair to be held on 28 Nov. As one of traded products, titanium dioxide would be launched at TME’s Panzhihua Vanadium & Titanium Trading Center soon.