News
Year-ender: major financial events of 2020
Updated: Dec 29, 2020
chinadaily.com.cn
Print
Share - WeChat
Bonded copper futures start trading on Shanghai Exchange
The trading of international copper futures was launched on the Shanghai International Energy Exchange on Nov 19 this year, on the basis of "international platform, net pricing, bonded delivery and renminbi denomination" with full engagement of overseas traders.
It is another futures product launched in China accessible to foreign investors, following crude oil, iron ore, technically specified rubber 20 and low-sulfur fuel oil futures.
The launching of the futures marks another move in the opening-up of China's futures market, and it will play a positive role in meeting enterprises' demand for risk management, Shanghai Exchange said.
MOST POPULAR
- 1 $39.7 billion worth of deals inked at Airshow China
- 2 China announces tax relief measures to stabilize real estate sector
- 3 A look at China's economy in October, 2024
- 4 Public holiday extension announced
- 5 China's NEV annual production hits 10 million milestone amid global carbon reduction efforts
Editors' Picks
Infographic:
Golden jubilee of China-Brazil relations
Infographic:
A look at China's economy in October 2024
