By Siyi Liu, Pratima Desai and Julian Luk BEIJING/LONDON (Reuters) - The Shanghai Futures Exchange (ShFE) is looking into the possible launch of nickel ...
Rucksack march in Yarmouth raises awareness about PTSD | SaltWireBEIJING/LONDON - The Shanghai Futures Exchange is looking into the possible launch of nickel futures for international use, a potential challenge to the London Metal Exchange's contract, five sources with knowledge of the matter told Reuters.
But market confidence was shaken by a trading debacle in March 2022 that rocketed nickel to a record above $100,000 a metric ton, leading many users to abandon the LME. The exchange suspended trade for more than a week and cancelled all trades on March 8, for which it is being sued. ShFE is currently consulting with the industry. No final decisions have been taken on when a nickel future could launch on the INE or what the contract specification might be, the sources said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Richmond businesses head to Shanghai expo amid ongoing China-Canada chillLocal businesses hope to penetrate the Chinese market despite political tensions and lower growth rates
Read more »
Richmond businesses head to Shanghai expo amid ongoing China-Canada chillLocal businesses hope to penetrate the Chinese market despite political tensions and lower growth rates
Read more »
Exclusive-US eyes long-range missiles armed with cluster bombs for UkraineBy Mike Stone WASHINGTON (Reuters) - The Biden administration is close to approving the shipment of longer-range missiles packed with cluster bombs to ...
Read more »
Exclusive-US eyes long-range missiles armed with cluster bombs for UkraineBy Mike Stone WASHINGTON (Reuters) - The Biden administration is close to approving the shipment of longer-range missiles packed with cluster bombs to ...
Read more »
Exclusive-Ukraine's Antonov turns to drones in response to Russian invasionBy Joanna Plucinska, Valerie Insinna and Max Hunder LONDON/KYIV (Reuters) - Ukraine's Antonov is expanding in drone making, a presentation by the ...
Read more »
EXCLUSIVE: 2018 Ontario housing minister mandate letter promised to ‘protect the Greenbelt’In his 2018 mandate letter to Steve Clark, exclusively obtained by Global News, Ontario Premier Doug Ford said the Greenbelt must be protected.
Read more »