After more than two years of intense preparations, the Shanxi Coal Group launched by the Jincheng coal chemical trading center at the end of the year will be completed and put into use, this marks the Jincheng coal chemical industry will usher in a new era of Internet plus “.

As the country’s largest coal chemical companies Jin coal group last year, the production of total ammonia 16 million 90 thousand tons, 14 million 980 thousand tons of urea, 3 million 910 thousand tons of methanol, accounting for 19.85% of the total output of the country, 19.7%, 9%. Despite the advantages of the amount, but in terms of the price of coal chemical products, Jincheng’s enterprises have always been in a position of weakness. According to Jin coal group analysis, which is mainly in the construction of commodity trading platform for the lack of.

Last year, the Shanxi Coal Group initiated the preparation of Jincheng coal chemical trading center. In January 22nd this year registered Jincheng coal coal chemical trading center Sun company; from April 1st stationed in Jincheng Development Zone Wantong Commercial Plaza, completed the framework of the company; coal chemical industry alliance held the first summit in June 28th to early August, the official website of the center and part of on-line trading system; and then to the docking mid November trading system and the bank entered a substantive stage, a comprehensive spot trading platform “to provide services for global commodities in the coal chemical industry”.
According to the person in charge of Jincheng coal chemical trading center, the center of all hardware and software facilities have been basically completed, is currently working with the banking system, is expected to be completed by the end of this month, then you can run the transaction. The operation of the Jincheng coal chemical industry trading center, mainly divided into two parts, one is the spot trading platform, mainly traded spot spot auction, and financing to

support trading and other trading patterns, provide information, trading, settlement, warehousing, logistics and other services in an integrated platform for the industry chain the upstream and downstream customers; two is a continuous spot trading platform, mainly to achieve a continuous spot trading mode, providing hedging, price discovery service for customers, through the transaction mode, improve the active trading market. Through the organic combination of the two big trade sector, to create “Internet plus coal chemical industry” and “trade + financial” innovation platform for urea, anthracite and other transactions provide information, investment and financing, bidding, spot electronic transactions, payment and settlement, logistics distribution etc. all in one service.