Lately, Tianjin Binhai International Wine Exchange officially opens for business. According to the introduction by the director, the organization has schemed out a whole set of rules, products, varieties and flow of wine exchange, which covers areas of production and consumption.
By now, it is the third wine exchange in the world. Here clients can trade off business of distilled spirits, bulk wine and regular bottled wine. It is also a place provide services for vinters, distributors, consumers and investors.
It is said that there are three top-class cellars in the Exchange, all wines can be stored here. At present, the Exchange applys spot transaction rules.