HONG KONG, May 4 (Reuters) - China's Jinduicheng Molybdenum(601958.SS: Quote, Profile, Research), the country'S second-biggest producer of themetal, is seeking approval to trade overseas futures. But China Molybdenum, the biggest, has no plan to get oneas the trade carries risk. To see the story, click[ID:TOE64302P] China Securities Regulatory Commission alloted the right to31 state-owned Chinese firms on overseas futures trade between2001 and 2005 in four patches and has not announced anyauthorised firm since then.
Here is a list of 31 companies of which some have changed theownerships since then.
NAME BUSINESS
Year 2001
China Sinochem Oil/Chemicals
Unipec Oil
Chinaoil Oil
China Ocean Shipping (Group) Co Shipping
China Nonferrous Metals Industry Trade Group Basemetals
(The firm was closed and the right was taken
over by China Minmetals Nonferrous Metals in 2002) COFCO Ltd Grains China Grains & Oils Group Corp Grains Year 2003 Aluminum Corp of China (Chinalco) Aluminium Tongling Nonferrous Metals (Group) Copper Jiangxi Copper Company Ltd Copper Shenzhen Zhongjin Lingnan Nonfemet Lead/Zinc Henan Yuguang Gold & Lead Lead Qingtongxia Aluminium Aluminium (Controlled by China Power Investment Corp) Jinchuan Group Ltd Nickel/Copper China National Aviation Fuel Group Corp Oil (The right was suspected in 2005) CNFC Overseas Fishery Co Fishing Jilin Grain Group Import/Export. Co. Ltd Grains Year 2004 China Sinopec Oil Lanzhou Aluminium Aluminium (Controlled by Chalco) Yunnan Copper Industry (Group) Copper (Controlled by Chinalco) Yunnan Aluminium Industry Co Aluminium Jiaozuo Wanfang Aluminium Aluminium (Controlled by Chalco) Yunnan Tin Company Tin Zhuzhou Smelter Group Lead/Zinc (Controlled by Hunan Nonferrous) Huludao Nonferrous Metals Zinc (Controlled by Metallurgical Corp of China) Shuikoushan Nonferrous Metals Lead/Zinc Year 2005 Luoyang Copper (Group) Co Copper (Controlled by Chinalco) Yunnan Chihong Zinc & Germanium Co Lead/Zinc Shanxi Guanlu Group Aluminium Western Mining Co Lead/Zinc/Copper China National Textile Import & Export Corp Textile Source: China Securities Regulatory Commission statements. (Reporting by Polly Yam; Editing by Clarence Fernandez)