20th Jan 2025
In collaboration with the London Metal Exchange (LME), we have successfully secured the approval of Hong Kong as good delivery point
After nearly two and a half years of relentless efforts and coordination, today the London Metal Exchange (LME) announced that Hong Kong has become a delivery point for LME products. This marks a milestone for Hong Kong in establishing a competitive ecosystem for commodity trading and business chains, further enhancing its position in the global commodity market and laying a solid foundation for future development.
The Hong Kong Energy, Mining and Commodities Association will seize this opportunity to initiate the creation of a competitive ecosystem for commodity trading and business chains in Hong Kong. We expect that by enhancing Hong Kong's delivery capabilities for LME products, we will attract more domestic and foreign companies and investors to participate in commodity trading and business chains, injecting new vitality into Hong Kong’s finance and economy.
This initiative will not only promote the development of commodity trading and business chains in Hong Kong but is also expected to bring in or attract a new wave of investment, further consolidating, developing, and revitalizing Hong Kong's commodity trading, physical trade, and corresponding financial services sectors, thereby making a forward-looking and strategically significant contribution to Hong Kong's economic growth. With the advancement of strategies to establish a competitive ecosystem for commodity trading and business chains, and the implementation of various projects, Hong Kong will occupy a more prominent position in the global commodity market.