Zinc, lead, other metals debut trading on Shanghai physical platform
BEIJING, Oct 18 (Reuters) –
* A total of 41 transactions were made on cash-settled lead, zinc, tin and nickel futures warrants in their trading debut on Thursday, the Shanghai Futures Exchange (ShFE) said in a statement
* Total volume reached 252 million yuan ($36.3 million), it said
* Chalco, Tongling Nonferrous Metals Group, Sinosteel , Trafigura and Mercuria were among the 44 companies that transacted using the platform
* The bourse said it will add more products into the standard warrants trading platform and will look into launching non-standard warrants trading and over-the-counter derivatives in order to meet market demand
* ShFE started trading copper and aluminium futures warrants in May ($1 = 6.9364 Chinese yuan)
(Reporting by Muyu Xu and Dominique Patton; Editing by Manolo Serapio Jr.)
More News
GRAPH: Cobalt price plunge and the EV market
February 11, 2025 | 04:03 pm
China funnelled $57 billion to control critical mineral supply chain
February 05, 2025 | 11:00 am
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments