According to Futures Daily, the Guangdong Provincial Government has released the China (Guangdong) Pilot Free Trade Zone Development “15th Five-Year Plan” (Draft for Public Comment), which explicitly proposes advancing futures-physical market integration for key commodities including iron ore, crude oil, and rubber. The initiative aims to strengthen China’s pricing influence in global commodity markets.

The plan outlines that Guangdong will leverage the policy advantages of its Free Trade Zone to develop commodity trading platforms, improve warehousing, logistics, and delivery infrastructure, and attract international commodity traders and institutional investors. Industry analysts note that this will further elevate China’s voice in global iron ore and other bulk commodity trade negotiations.

Industry Significance: As China’s stature in the international commodity pricing system rises, demand for third-party inspection services in import and export trade will continue to grow. Fair and accurate quality testing and weight certification have become essential safeguards for equitable trade. With 15 years of deep expertise in mineral testing, RCI Inspection has already served over 5,000 clients with draft surveys, cargo inspection, and on-site steel mill testing — and our inspection reports carry internationally recognized validity.

Source: Futures Daily
Original link: SMM — Guangdong Pushes Futures-Physical Integration for Iron Ore and Other Key Commodities