Maintaining a rapid GDP growth rate, China has now surpassed Japan to become the world’s second largest economy and a leading trading and importing hub of bulk commodities, notably in metal, energy and agriculture products. Since 2009, China’s copper import has outdone the combined production of Chile and Peru; and the country’s crude oil import dependence has well exceeded 50% in 2010. These result in ever high demand for dedicated, efficient and reliable trade services to connect China and global markets, which lays the very foundation of how Straits Commodity Merchant (Shanghai) Ltd., Co. came to be incorporated.
We are a subsidiary of Straits Financial Group, the brokering division of the CWT Group. The CWT Group is a global leading provider of integrated commodity services, operating from more than 30 countries offering integrated supply chain logistics solutions to worldwide customers in the commodities, chemical and petrochemical, marine, oil & gas, defense and industrial sectors. Tapping on Straits Financial Group and the CWT Group’s comprehensive and integrated strengths, Straits Commodity Merchant (Shanghai) provides superior physical commodity trading and financial consultancy services to our valued clients on both local and regional scales.
Our executive team includes some of the most experienced professionals in the financial and commodities markets.
Your success is our success and here at Straits, we take that very seriously.