Shaanxi Energy and Chemical Exchange Develops a New Trading Model

Recently, 500 tons of scrap iron and steel scraps from Shaanxi Yanchang Petroleum Equipment Manufacturing Co., Ltd. were traded intensively on Shaanxi Energy and Chemical Exchange. The waste material transaction covers 23 waste material recovery enterprises in the province. Through the orderly organization of the staff, all the participating enterprises bid sufficiently and the effect is good. Finally, the trading price of 2140 CNY/ton and the increase of 630 CNY/ton ended satisfactorily. The buyers and sellers highly affirmed the effect of the platform bidding.

In recent years, on the basis of traditional trading mode, exchanges have created a new trading mode of "Internet + waste materials", which provides a high-quality platform for enterprises to reduce costs and increase efficiency. Over the past two years, 21 successful transactions have been made, including 19 in-group enterprises and 2 outside-group enterprises. They have accumulated valuable experience in waste material trading mode, formed a standardized and complete waste material disposal system, and possessed a large number of customer resources of waste material enterprises throughout the country. Through the "Internet +" trading mode bidding, the value of waste materials and other products can be reproduced, so as to achieve mutual benefit and win-win relationship between buyers and sellers, and explore new space for the development of circular economy. In the future, the exchange will continue to uphold the concept of "reducing costs, increasing efficiency, avoiding risks, improving efficiency and creating value", and innovating the trading mode. It will continue to give full play to the optimization and integration function of "Internet +" in the allocation of production factors, and integrate the innovative achievements of the Internet into the field of energy and chemical industry to enhance the energy and chemical industry. The economic innovation and productivity of the industry form a new economic development pattern based on the "Internet +" infrastructure and tools.