Shanghai Futures Exchange (SHFE) launched trading of hot rolled coil (HRC) futures contracts today, March 21, offering another hedging tool for steelmakers amid growing price volatility. The most traded HRC contract for October delivery ...
The Shanghai Futures Exchange is ready to roll out the country's first yuan-denominated crude oil futures, which it hopes will become a benchmark in Asia before gaining global influence. Yang Maijun, the bourse's chairman, said foreign ...
Shanghai Futures Exchange (SHFE) has announced the holding of mock trading of hot rolled coil (HRC) futures at the SHFE on Friday, March 7. If all goes well, it is thought that trading of HRC futures could be launched at the SHFE by the end ...
Tianjin Precious Metals Exchange's plan to start spot copper trading from March 17 would probably boost trade in the metal in northern China, industry observers said Thursday. There could be some movement in trading from eastern and ...
Tags: Copper Market, spot copper
Global demand for refined lead metal exceeded supply by 22,000 mt in 2013, according to preliminary data compiled by the International Lead & Zinc Study Group. "Overall global demand for refined lead metal increased by 4.5%. This was ...
Tags: Refined Lead, lead metal
Reportedly, rebar futures increased in the Shanghai Futures Exchange (SHFE) on expected reduction of output from Chinese steel mills. Price of rebar for May delivery increased to around RMB3,486/ton. It is said that China’s average ...
Tags: rebar futures, steel mills
Braskem, the largest resin producer in the Americas and the world's leading biopolymer producer, was selected for the third consecutive time as a component of the Carbon Efficient Index (ICO2) of the BM&FBovespa - Securities, Commodities ...
In the week ending January 11, 2014, farmers and ginners in India held to their cotton without any fear of downtrend, says a weekly report on cotton market trends released by S. Ajay Kumar & Company. During the week, cotton market ...
Tags: Cotton Farmers, cotton market
A 20% drop in the price of distiller dried grains, or DDG, after top consumer China turned away two shipments that may contain unapproved genetically modified corn strains are "clearly a negative" for US ethanol producers which rely on the ...
The Chinese ex-works Henan alumina price stood at Yuan 2,530/mt ($415) Monday at 30% credit payment terms, edging up Yuan 10/mt from Friday and a week ago. The majority of spot trades for December and January have concluded due to the ...
Tags: Spot Alumina, Alumina Price
According to media report that weak Purchasing Managers' Index for China released by HSBC dropped to 50.5 in the month of December sending the signal of sluggish economy of China to Chinese equities and futures markets. As results, the ...
The Shanghai benchmark copper contract for delivery in February declined by 0.78 percent on the Shanghai Futures Exchange (SHFE) Friday compared to Thursday, ending at 51,160 yuan ($8,429.59) per ton. However, it still climbed by 0.49 ...
Tags: Copper Futures, Mineral
China's stock index futures closed higher on Tuesday, with the contract for December, the most actively traded, up 0.72 percent from the previous trading day to close at 2,451.6 points. The Jan. 2014 contract gained 0.77 percent to end at ...
Tags: Stock Index Futures, Close Higher, China
Offers for China's domestic spot aluminum alloy ADC12 slipped, affected mainly by weaker aluminum ingot prices, while the demand remained steady, seeing no significant change from the previous week, industry sources said. Domestic offers ...
Tags: China Aluminum, LME Prices
The China Iron and Steel Association (CISA) has stated that, in collaboration with Shanghai Futures Exchange, it held a training course on hot rolled coil (HRC) futures on November 13-15. Yang Maijun, president of Shanghai Futures ...
Tags: Shanghai Futures, HRC Futures