Retread Becomes Tradable in Qingdao Renewable Resource Exchange

Shandong Qingdao Huihai Commercial Center is under construction.

The program is one of the key programs of Qingdao Lingshanwan Television Culture Industry Zone. The center is expected to support Qingdao Huihai Commodity Trading Market and attract companies of the renewable resource industry chain.

In the meantime, Qingdao Huihai Commercial Center is operating commodity trade and spot trade platforms online. A total of 18 product varieties are available on the platforms and there are 180 members.

The primary trading varieties are renewable resources as well as agricultural and sideline products, including secondary copper, secondary aluminum, secondary steel, retread and newsprint.

Han Guoji, president of Qingdao Huihai Commodity Market Trading Market, the exchange has focused on renewable resources and it is one of China’s three primaryexchanges for renewable resources.

Qingdao Huihai Commercial Center will be the headquarter of Qingdao Huihai Commodity Market Trading Market in China and aims to facilitate the formation of an integrated base operating renewable resources for spot commodity suppliers, purchasers, logistics companies, and warehousing business operations.