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Commodities Intelligence Centre (CIC) Sees 26% Jump in Registered Customers in 2020


Commodities Intelligence Centre (CIC) Sees 26% Jump in Registered Customers in 2020
CIC s growth signifies the increasing importance of digitalisation in supply chains and commodities sectors for SMEs
SINGAPORE, Apr 16, 2021 - (ACN Newswire) - Singapore-based Commodities Intelligence Centre (CIC) - a Joint Venture between the ZALL Smart Commerce Group (ZALL), Singapore Exchange (SGX) and Global eTrade Services (GeTS) - has announced strong growth in FY2020, driven by the urgency for supply chains to digitalise during the pandemic. In 2020, the number of customers on the platform grew by 26 per cent as compared to 2019 to reach 5800 registered users. Among the commodities traded on the platform include ferrous and non-ferrous metals, agricultural products, plastics and chemicals, and oil products. The total cumulative gross merchandise volume (GMV) on the CIC platform grew by over US$3.1 billion (S$4.1 billion) to reach US$13.4 billion (S$17.6 billion), an increase of more ....

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Commodities Intelligence Centre (CIC) ..(Commodities Intelligence Centre プレスリリース)


SINGAPORE, Apr 16, 2021 - ( JCN Newswire ) - Singapore-based Commodities Intelligence Centre (CIC) - a Joint Venture between the ZALL Smart Commerce Group (ZALL), Singapore Exchange (SGX) and Global eTrade Services (GeTS) - has announced strong growth in FY2020, driven by the urgency for supply chains to digitalise during the pandemic. In 2020, the number of customers on the platform grew by 26 per cent as compared to 2019 to reach 5800 registered users. Among the commodities traded on the platform include ferrous and non-ferrous metals, agricultural products, plastics and chemicals, and oil products. The total cumulative gross merchandise volume (GMV) on the CIC platform grew by over US$3.1 billion (S$4.1 billion) to reach US$13.4 billion (S$17.6 billion), an increase of more than 30 per cent from 2019. ....

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Press Release: ZALL Smart Commerce and CIC Launch Digital Silk Road Initiative


Looks to boost China-ASEAN trading opportunities and facilitate commodities trading via enhanced digital connectivity
Commodities Intelligence Centre ( CIC ) announces a momentous 2020 as it has jointly launched a Digital Silk Road initiative led by ZALL Smart Commerce Group ( ZALL ), Asia s leading B2B e-commerce Group, and joined Singapore s Blockchain for Trade & Connectivity (BTC) Network. As Singapore s first global physical commodities B2B e-trade platform powered by blockchain, together with ZALL s latest global digital trading platform, and China s largest online and offline integrated wholesale trading platform Zallgo , CIC will help Singapore businesses uncover new opportunities and reap the benefits of the global digital trade economy through enhanced digital connectivity, in turn boosting trade across the Asia-Pacific region on the back of the world s largest trade pact, the Regional Comprehensive Economic Partnership (RCEP). ....

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