2019 South China Metal Industry Summit was held in Foshan, a city in south China's Guangdong Province on 7 November. As a special guest invited to give support, Cedar Commodities Supply Chain Group gather with over 100 deputies from corporations of the industrial chain, trade associations and financial futures institutions to discuss the future path of South China metal industry.
Han Gang, Vice President of Cedar Holdings, President of Cedar Commodities Supply Chain Group said in his speech on the summit that South China metal industry is faced with challenges from the internal and external environment. He expected to improve the communication with the peers through the summit to fight against risks and drive forward steady progress of the South China metal industry.
Photo: Han Gang, Vice President of Cedar Holdings, President of Cedar Commodities Supply Chain Group
Since 2019, the economic downward pressure has been rising, the international trade friction is intensifying, and the global supply chain system is under attack. As an important part of the Chinese domestic non-ferrous metal industrial chain, South China market is home to many industry leading organizations. How to bring together the players of the whole industry against the global market uncertainties has become the first and foremost issue for the metal industry.
Against such a background, this summit, organized by SMM, supported by Cedar Commodities, assisted by Shanghai Futures Exchange, provides the South China metal industry with a high-level market information exchange platform. This not only helps improve corporations means of price risks management via financial derivatives in quality and quantity, but also boost the industry-wide confidence.
Through 20 years in-depth development in the commodities sector, Cedar Commodities has already established a mature channel network centred on itself. Cedar Commodities is now the largest copper product supplier of the South China and one of the largest non-ferrous metal supply chain management service providers.
At the moment, by working on commercial means including risks management, information service and financial integration, Cedar Commodities has built a N+1+N closed-loop supply chain financial ecology circle consisted of logistics, information flow and capital flow. One-stop shop services of commodities supply chain that brings together upstream and downstream corporations, warehousing, logistics, and futures exchange and a smart supply chain are both in place. Cedar Commodities, therefore, has covered all categories of commodities including non-ferrous metal, ferrous metal, chemical and energy.
(Source: Official website of Cedar Holdings)
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