http://www.china-briefing.com/news/2008/03/25/china-commodities-export-to-slow-as-domestic-economy-warms-imports-to-increase.html Fri, 12 Mar 2010 10:11:56 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.china-briefing.com/news/2008/03/25/china-commodities-export-to-slow-as-domestic-economy-warms-imports-to-increase.html/comment-page-1#comment-9643 Tony Price Wed, 26 Mar 2008 09:11:59 +0000 http://www.china-briefing.com/news/2008/03/25/china-commodities-export-to-slow-as-domestic-economy-warms-imports-to-increase.html#comment-9643 This is a massive issue. I don't think many people realise commodity prices in China (and Asia) have doubled and tripled in the last 12 months in basics. Edible oil, wheat, rice, soya. Rice was USD320 a tonne in November. Its now USD700. Futures exchanges will help better hedge against price fluctuations & China is leading the way. Problem is having it in China could mean interference which is why having the CBOT to provide global balance to Dalian is a good idea. This is a massive issue. I don’t think many people realise commodity prices in China (and Asia) have doubled and tripled in the last 12 months in basics. Edible oil, wheat, rice, soya. Rice was USD320 a tonne in November. Its now USD700. Futures exchanges will help better hedge against price fluctuations & China is leading the way. Problem is having it in China could mean interference which is why having the CBOT to provide global balance to Dalian is a good idea.

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