Zinc, lead, other metals debut trading on Shanghai physical platform

  • Friday, October 19, 2018
  • Source:ferro-alloys.com

  • Keywords:debut trading, metal
[Fellow]Zinc, lead, other metals debut trading on Shanghai physical platform

[ferro-alloys.com]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)

  • [Editor:王可]

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