The Dandong Corn Transaction Center in the Bohai Commodity Exchange, the first national corn spot transaction center in China, opened in Donggang of Dandong on Dec 18, reported Dandong Daily.
As the China’s important bulk commodity, corn must be listed on an open market according to the National Development and Reform Committee.
The Bohai Commodity Exchange cooperated with Dalian Gangwan Grain to establish China’s only national corn spot transaction center in Dandong. The center will provide one-stop services to clients working with 23 financial units, commerce and tax administrations, and trade dealers.
Source: China Daily Dec 2012