London Metal Exchange sets up presence in Shanghai FTZ

David Nealis President of Ceres Ltd

London Metal Exchange sets up presence in Shanghai FTZ

Chinese state media has reported that the London Metal Exchange (LME) will open in the Shanghai free-trade zone, becoming the first international exchange house to establish a presence in the FTZ. The LME is the futures exchange with the world's largest market in metals options and futures contracts. It has over 700 approved warehouses for physical commodities in 37 locations in 14 countries. The LME was taken over by the Hong Kong Exchange in December 2012 for US$2.2 billion.

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China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

China-CIS nation’s trade reaches US$46 billion

David Nealis President of Ceres Ltd

China-CIS nation’s trade reaches US$46 billion

China's Ministry of Commerce has revealed that economic cooperation and trade between China and central Asian countries - Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan, and Tajikistan; accelerated to US$46 billion in 2012, 13.7% higher than a year earlier. The Ministry said China has become the largest trade partner of Kazakhstan and Turkmenistan, the second-largest trade partner of Uzbekistan and Kyrgyzstan, and the third-largest trade partner of Tajikistan. In the first eight months of this year, bilateral trade between China and central Asia totaled US$32.4 billion.

Yuebao is China's biggest fund with US$ 21.3 billion

Yuebao is China's biggest fund with US$ 21.3 billion

David Nealis President of Ceres Ltd

Yuebao is now China's largest monetary fund with investments exceeding RMB130 billion (US$21.3 billion), an Alibaba official was quoted by the official Global Times. Since it was launched by Alipay in June, Yuebao managed to attract 16 million users to the monetary fund. Yuebao acquired more

than 2.5 million users within 15 days of its debut. More than 57% of them have transferred money from their Alipay accounts into Yuebao via smartphones, according to data released by Alipay. Yuebao's popularity has rocketed mainly due to consumer confidence in its parent company Alibaba, and additionally to its link to the company's online payment platform, Alipay.

China approves US$13.1 billion RQFII quota for London

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China approves US$13.1 billion RQFII quota for London

London-based investors have been approved to buy up to USD13.1 billion worth of Chinese stocks, bonds, and money market instruments after Chinese regulators approved the Renminbi Qualified Foreign Institutional Investor (RQFII) quota for London. The approval means investors will be given the chance to invest Renminbi directly into China through London under a pilot scheme.

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China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Jump in Shanghai FTZ office rental prices

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Jump in Shanghai FTZ office rental prices

Office rental space in the new Shanghai free-trade zone (FTZ) have doubled in the last three-month period as landlords are taking advantage of firms rushing in to register in the area, according to Los Angeles-based brokerage firm CBRE Group Inc. Demand for office space in the 29-sq. km. area jumped to RMB4.2 (US$0.69) per sq. m., said a report released on 15 October.

Expect prime office space to be much higher.

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China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Forbes: China now has 168 billionaires

Forbes: China now has 168 billionaires

The 2013 Forbes China Rich List, which was released on 16 October, identified record high 168 billionaires in the People’s Republic of China, topping 113 which was the previous record which was set in 2012.

Investment Guru Jim Rogers and David Nealis President of Ceres Ltd.

 Forbes added that the total assets of China’s 400 wealthiest people hit RMB3.4746 trillion (US$570 billion) a 35% rise year-on-year. The Dalian Wanda Group Chairman Wang Jianlin tops the China richest list with assets of RMB86 billion (US$14.1 billion).

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China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Ireland's agricultural exports to China rise by 25%

Ireland's agricultural exports to China rise by 25%

Ireland's Department of Agriculture said Irish agricultural foods exports to China increased by 25% in H1 of 2013 to US$276.57 million. The latest figures from the Irish Department of Agriculture showed that of the total agricultural food exports rose from US$129.43 million to US$171.67 million in the first six months of this year. 

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China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

China-Vietnam trade to hit US$100 billion by 2017

China-Vietnam trade to hit US$100 billion by 2017

President of Ceres David Nealis in Hanoi Vietnam

Chinese Premier Li Keqiang said during a state visit to the Vietnamese capital of Hanoi on October 15^th that China and Vietnam’s annual bilateral trade will reach US$100 billion by 2017. China has been Vietnam's biggest trade partner for the last nine years. Trade between the two nations reached over US$40 billion from January to August 2013.

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China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

China may allow more gold importers

China may allow more gold importers

The People's Bank of China said on its website that the Chinese government MIGHT allow more companies to import and export gold based on the draft rules released by the central bank on 30th September. The new rules stated that financial institutions and firms that produce more than 10 metric tons of gold annually maybe considered to import and export the precious metal. Analysts said the new rule could open China to more gold trading participants although details on who can qualify have not been released yet. China is poised to overtake India as the world's largest gold consumer this year with consumption jumping 29% to reach 1,000 tons.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

China's FX tops US$3.66 trillion

China's FX tops US$3.66 trillion

The foreign exchange (Forex) reserves of China went up to a record US$3.66 trillion in the third quarter of this year, after rising US$163.3 billion at the end of June, the largest rise since 2011, authorities said. The rise in reserves continued as China used massive forex purchases to hold down the value of its currency. According to the Wall Street Journal, a large chunk of China's forex reserves is in US Treasury bonds. China purchased US$45 billion of new reserves between April and June.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

CIC looks at European hedge fund investment

CIC looks at European hedge fund investment

David Nealis President of Ceres in Shanghai

China's sovereign wealth fund, China Investment Corp (CIC), is reportedly close to making a hedge fund investment in Europe, where it has been scouting for investments for the past two years. This was announced by Roslyn Zhang, managing director of CIC's Fixed Income and Absolute Return Investments, during the Salt Asia conference. Zhang said CIC has been spending more time looking at Europe and is now getting closer to the point of taking action. Zhang says once CIC has identified a strategy, it will then try to single out 10 established managers for that strategy.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Sting from Chinese honey kills Groeb Farms

Sting from Chinese honey kills Groeb Farms

Michigan honey-supplier Groeb Farms Inc filed for bankruptcy after it was discovered to have illegally purchased Chinese honey by way of 3rd countries in order to circumvent antidumping duties required under US trade regulation since 2001. Groeb Farms has been placed under Chapter 11 protection in the US Bankruptcy Court in the city of Detroit. Company executives said that the US$2 million settlement with regulators necessitated the disposing of all honey coming from China in its control.

China spends US$50 billion to secure energy resources in three months

China spends US$50 billion to secure energy resources in three months

David Nealis President of Ceres Ltd

In the past three months, China has spent more than US$50 billion in energy and infrastructure deals, which

include agreements worth US$30 billion signed with Kazakhstan, US$15.5 billion in Uzbekistan and US$1.5 billon with Belarus.

China has been heavily investing in foreign energy projects as the country tries to address its growing local power demands.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Chinese hybrid rice yield breaks record!

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Chinese hybrid rice yield breaks record!

A team of Chinese scientist led by Yuan Longping, known in China as "the father of hybrid rice" has grown a record year for hybrid rice production with an average yield of 988.1 kilograms per mu (0.0667 hectares).

Deng Qiyun, a member of the team, told Xinhua News that the new progress has pushed China's hybrid rice study to a new level and greatly boosted the team's confidence to achieve the targeted production of 1,000 kg per mu.

According to the state run media firm the new record was confirmed by experts from the China National Rice Research Institute, the Wuhan University and the Fujian Academy of Agricultural Sciences, who actually harvested three lots of a farm of 101.2 mu growing the new hybrid rice known as "Y liangyou 900" which is located at Niuxing Village, Longhui county of central China's Hunan province.

Yuan Longping, who is 83 years old is an academic from the Chinese Academy of Engineering, according to the press release he developed the world's first hybrid rice in 1974.

According to Chinese State data; China is the world's most heavily farmed country, and they face major problems including limited land and water resources, and increased pollution, which has made food security a major concern over the years.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

China lowers retail fuel prices

China lowers retail fuel prices

David Nealis Present of Ceres giving trading seminar

The National Development and Reform Commission (NDRC) said per-ton retail prices of gasoline and diesel were slashed from last Monday following the decline of global oil prices. The NDRC said retail prices of gasoline will be reduced by RMB 245 (US$39.83) per ton while that of diesel will be cut by RMB 235 (US$38.40) per ton.

Do any traders see arbitrage opportunities here?

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Alibaba and China Minsheng to open online bank

Alibaba and China Minsheng to open online bank

David Nealis President of Ceres Ltd

Chinese State media reported that Chinese Internet giant Alibaba and China Minsheng Banking Corp have formed an alliance to open an online bank on the country's largest e-commerce website, Taobao. The online bank is scheduled to begin operations in October, ENN Weekly said. The alliance forms part of Alibaba's efforts to provide online financial services. The move by Alibaba and China Minsheng Bank came at a time that the State Council had approved a supervisory team to monitor the development of online financial services in China.

To Trade Global and Chinese Futures Contact us: info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

China and Iceland central banks extend currency swap agreement

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China and Iceland central banks extend currency swap agreement

The People's Bank of China, the country's central bank, announced on 30 September that it extended a currency-swap contract worth RMB 3.5 billion (US$ 569.11 million) with the central bank of Iceland. The swap is intended to strengthen bilateral financial relationships, promote trade between the two nations, and preserve financial stability, according to a PBC statement. In June 2010, a three-year bilateral currency-swap agreement was signed for the same amount, according to Chinese State run media.

To Trade Global and Chinese Futures Contact Us info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Paraguay approves 10 percent soybean export tax!

David Nealis President of Ceres with soybeans

Paraguay approves 10 percent soybean export tax!  

Last week Paraguay the world’s 4^th largest soybean exporter gave final approval to a 10 percent tax on soybeans which is expected to raise $300 million per year their government – unless soybean prices go down and demand drops and buyers are able to go elsewhere for their bean purchases. 

To Trade Global and Chinese Futures Contact Us info@ceres888.com

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition