Mina Gong
18 أبريل 2024
On April 19, the UNILINK platform, under the Unilink Group, successfully launched its first international contract. As the world's first international bulk commodity trading platform to use the RMB for pricing and settlement, this strategic move by UNILINK not only opens a new chapter for the global sulfur industry's interconnection but also injects new momentum into the internationalization of the RMB.
For a long time, domestic sulfur customers have faced instability in import channels, unpredictability in product quality, and risks of supplier default. By launching the international sulfur business, UNILINK provides overseas suppliers with new sales channels while offering domestic buyers a more convenient and reliable import route. Domestic customers can directly purchase overseas sulfur through Liyang Zhonglianjin, which will provide services such as customs clearance, after-sales support, and quality assurance, ensuring 100% contract fulfillment. This effectively helps domestic industry clients avoid longstanding challenges and creates more trade opportunities for global industry clients.
By promoting the use of RMB for settlement in international sulfur trade, UNILINK not only helps domestic companies reduce exchange rate risks but also enhances the liquidity and acceptance of the RMB in global bulk commodity transactions. This practice, which combines cross-border trade facilitation with currency internationalization, will undoubtedly lay a solid foundation for the steady elevation of the RMB's international status while deepening the integration of domestic and international markets.
Looking ahead, UNILINK will continue to uphold the spirit of openness and cooperation, planning to gradually introduce more varieties, including diversified bulk commodities such as electrolytic cobalt, stainless steel, and nickel. We firmly believe that, under UNILINK's leadership and drive, the global bulk commodity industry will achieve closer cooperation and exchange, collectively moving towards a more prosperous future. The position of the RMB in global trade will also be consolidated and enhanced, contributing to the establishment of a more open international economic order.