How does the largest commodities buyer become a price maker? Owning an offshore exchange is a start

China is hoping to have a long-term say in setting commodity prices as it looks to cut the dominance of exchanges in Chicago, London and New York. As the trade war with the US heightens concerns over the security of supplies – from soybeans to technologies – to the world’s biggest factory, China is building its first offshore commodities exchange, which it hopes will buy it …

Leave a comment

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.