Guangzhou Commodity Exchange Xu Yang: Guangzhou launches coffee green-bean whole-in zero-out bonded trading

On October 18, marking the 70th anniversary of the Canton Fair, the “Coffee Gathers in the Bay Area, Connecting the World — 2026 Coffee Industry High-Quality Development Dialogue Salon” was held at the Canton Fair Complex. Hosted by Guangzhou Daily Press Group, the China Coffee League Organizing Committee and the Guangzhou Coffee Industry Association, and supported by China Construction Bank Guangzhou Branch, it gathered global producing-region experts, leading domestic and overseas enterprises, domestic top brands, industry platforms and authoritative institutions to discuss new paths for high-quality coffee-industry development.

Xu Yang, general manager of the Guangzhou Commodity Exchange, with the theme “Building a coffee bonded spot trading system to consolidate the foundation of Guangzhou’s global coffee supply-chain hub,” highlighted the practice and results of Guangzhou’s “whole-in, zero-out” bonded trading of coffee green beans relying on Nansha FTZ’s institutional innovation advantages.

Guangzhou is a core port for China’s commodity import and export, possessing the triple opening advantages of the Nansha FTZ, Nansha Port and the Canton Fair. Xu Yang said that relying on the Nansha FTZ’s institutional innovation advantages, the Guangzhou Commodity Exchange launched the coffee green-bean “whole-in, zero-out” bonded trading model: after imported green beans arrive at the bonded delivery warehouse as full containers and generate standardized electronic warehouse receipts, enterprises can take out and pay tax in batches according to business needs, without one-time full payment of tariffs and import VAT. To date, the platform’s cumulative coffee green-bean trading volume has reached 13,700 tonnes, directly helping enterprises reduce capital-occupation cost by over 20%. The electronic warehouse receipts also support transfer, split and pledge in all scenarios, improving circulation efficiency while clarifying cargo rights, providing transaction-infrastructure support for Guangzhou to build a global coffee supply-chain hub.

On the basis of reducing enterprises’ capital pressure, this bonded trading system is extending to pricing, traceability, customs clearance and settlement. Xu Yang introduced that the Guangzhou Commodity Exchange is accelerating compilation of the Guangzhou coffee bonded spot price index, covering the bonded landed prices of core bean varieties from major global producing regions, based on platform transaction data, aiming to build a “international futures + Guangzhou spot” dual-dimensional price reference system, and gradually cultivate Guangzhou’s pricing influence in regional coffee trade.

To address cross-border trade compliance pain points, the Guangzhou Commodity Exchange has built the full-chain data of origin certificates, inspection and quarantine, and customs logistics into the electronic warehouse receipt, realizing “one code per batch, full-process traceability.” This system adapts in advance to international compliance rules such as the EU’s EUDR, helping reduce enterprises’ cross-border trade compliance cost and risk. In port coordination, the exchange deepens business coordination with Guangzhou Customs and Guangzhou Port Group, opening the full business chain of “port — bonded delivery warehouse — trading platform — delivery terminal,” landing the “warehouse-first-then-customs” clearance facilitation model, and promoting seamless connection of customs clearance, warehousing and trading. In addition, the exchange also launched Guangdong province’s first bulk-commodity e-CNY settlement application scenario, further improving the security and clearing efficiency of transaction settlement.

Xu Yang said that building the coffee bonded spot trading system is not only business innovation, but also an important handle for serving market entities, empowering the industry ecosystem and supporting regional development. For market entities, the bonded model saves capital cost, and warehouse-receipt pledge financing helps enterprises revitalize inventory; the Yunnan Menglian green-bean trading zone opens a digital channel directly connecting domestic producing regions to the Greater Bay Area. For the industry ecosystem, the platform links major global producing regions upstream and covers traders, roasters and brand terminals downstream, promoting cross-regional mutual recognition of trading rules and quality grading standards. For regional development, it helps implement the Nansha Plan, pushing Nansha from a traditional logistics hub toward a trade hub and pricing hub, providing a supply-chain foundation for Guangzhou to build an international consumption center city and a “coffee city.” In the next step, the exchange will advance standard leadership, policy deepening, industry coordination and ecosystem co-building, continuously optimize delivery quality standards and trading rules, explore innovative businesses such as cross-border warehouse-receipt interoperability and offshore trading, and gradually expand trading services for extended categories such as coffee roasting and beverages.

By Guangzhou Daily Xinhua City reporters: Zhao Wantong, Zeng Fanying, Chen Junsheng, Cheng Yilun
Photos: Wang Yan, Chen Youzi, Yang Yaoye, Zhuang Xiaolong
Poster: Guo Junhang
Edited by Guangzhou Daily Xinhua City: Zhao Xiaoman

Reprint notice and disclaimer

1. This article is edited and compiled by coffeeyo.com and reproduced from Guangzhou Daily Xinhua City’s “Guangzhou Commodity Exchange’s Xu Yang: Guangzhou launches coffee green-bean ‘whole-in, zero-out’ bonded trading.” Copyright of the original belongs to Guangzhou Daily Xinhua City and the original author. This reprint is for coffee-industry information sharing only and does not represent the views of this site; all data and opinions are subject to the original. We thank the original author for their work and sharing.
2. Original: Guangzhou Daily Xinhua City, “Guangzhou Commodity Exchange’s Xu Yang: Guangzhou launches coffee green-bean ‘whole-in, zero-out’ bonded trading”
3. For matters regarding content licensing, attribution, copyright or otherwise, please contact us promptly and we will verify and cooperate in handling it as soon as possible. We also welcome coffee producing regions, brands and industry media to exchange story leads with us.
4. Contact coffeeyo.com: Tel 400-0000-641 (+86-18288016826) | Email 405854472@qq.com | Address: Jinghong City, Xishuangbanna, Yunnan Province, China