The plan to launch China's first crude oil futures contract is facing more roadblocks as the Shanghai International Energy Exchange, or INE, comes under government review, a senior official close to the matter said Monday. "The target ...
Tags: Crude Futures, Crude Oil
Spot gold was trading at three-month lows Monday morning, below $1,100/oz on COMEX for the first time since August on a strong US dollar, boosted Friday by strong US jobs data. Data showed Friday 271,000 new jobs were created in the US in ...
Tags: Gold, US economy
The volume of US natural gas traded during bidweek is poised for its fourth straight year-on-year decline as banks and other large players pull back from the monthly baseload market, according to a Platts examination of ...
Tags: Natural Gas, physical deals
EU carbon dioxide allowances crashed to a nine-month low Friday, as speculators unwound long positions ahead of data due next week and expected to signal weak demand, traders said. EU Allowance futures contracts for December 2014 delivery ...
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 ...
The rally in the gold price lost some steam on Wednesday, after traders booked profits from the metal's strong showing in February and a stronger dollar curbed demand. In lunchtime trade on the Comex division of the New York Mercantile ...
Tags: Gold Market, Precious Metals
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
On October 25, Chinese steelmaker Hebei Iron and Steel Group announced that in the January-September period of the current year its Hebei-based subsidiary Chengde Iron and Steel Co. (Chengde Steel) produced 109,505.5 mt of high-strength ...
Tags: Anti-Seismic Rebar, Mineral
China Securities Regulatory Commission (CSRC), the country's top securities regulator, announced that it has endorsed the Dalian Commodity Exchange (DCE) to carry out egg futures trading. Futures trading will help stabilize egg prices by ...
Tags: Construction
China's top securities regulator said on Friday that it has approved iron ore futures trading on the Dalian Commodity Exchange. The approval came one week after the relaunch of treasury-bond futures on the China Financial Futures Exchange ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
According to a recent announcement by China Beijing International Mining Exchange (CMBX), Dalian Commodity Exchange (DCE) and CBMX have signed a cooperation agreement to push forward the building and development of domestic platforms for ...
Tags: iron ore spot, Mineral
As coal prices remain lackluster due to sluggish demand, Shanxi took measures to stabilize the local coal market and ease the mounting pressure that coal producers in the province have been feeling since January. The Shanxi provincial ...
Tags: Local Coal Market, sluggish demand
China's Shanghai Futures Exchange is hoping its new asphalt futures contract -- to be launched next month -- will revive interest in oil trading on the bourse, after activity on its fuel oil contract fizzled out, Zhang Zheng, SHFE's ...
Tags: Chemicals, Metallurgy, Mineral, Energy
If cross-border rules currently proposed by the US Securities and Exchange Commission and the Commodity Futures Trading Commission are not harmonized, international derivatives markets could be damaged, according to exchange executives and ...
Tags: Cross-Border Rules, Execs Call
The China Securities Regulatory Commission (CSRC) has approved the application for ferroalloy futures trading made by Zhengzhou Commodity Exchange (ZCE), according to Chinese media reports. ZCE stated that the launch of ferroalloy futures ...
Tags: Ferroalloy Futures, Mineral