Markets > Commodities

Baotou Rare Earth Products Exchange sees over RMB15 bln transactions in H1

BEIJING
2015-07-07 16:42

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Transactions in the Baotou Rare Earth Products Exchange, a rare earth product spot trading e-platform in China, amounted to about 15.127 billion yuan in the first half of 2015, nearly three times those in the full year of 2014, said the exchange on Monday.

The transactions in the first half of 2015 were equivalent to 75.6 percent of the exchange's target this year.

The following table shows the exchange's transactions via three transaction modes in the first half of 2015.

Transaction mode

Transaction volume (tonnes)

Transaction value (yuan)

Rare earth online mall

14

382,000

Spot price bidding

---

---

Listing trading

108,610

15.127 billion

Total

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About 15.127 billion

 

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