SAN FRANCISCO (May 1)—A Web site described as "a global electronic marketplace for basic commodities" is online now for natural rubber and NR goods, with other trading portals to be established later. Commodinet, www.commodinet.com, went online today for buying and selling of all major grades of crude natural rubber and major rubber products, including latex gloves and extruded goods, according to the site. By using Commodinet, trading participants will benefit from reduced transaction costs, decreased order cycle times, improved market information and access to larger pools of supply and demand, the company said.
NR commodities electronic marketplace online
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