Fri, Oct 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading, Market Moves, Price Watch more

Shanghai seeks more influence on commodities prices

Posted on 16 November 2012

China’s financial center ― wants to transform itself into a global commodities trading center that can have a stronger influence on international commodities prices in five to 10 years, the city’s vice-mayor said. Ai Baojun made the comments during the first China International Oil and Gas Trade Conference held in Shanghai.
Earlier this year, the country’s securities regulator said China plans to establish crude-oil futures to cope with fluctuating oil prices and increase its influence over global prices. “The research on technology and risk-control for crude-oil futures has been finished in the Shanghai Futures Exchange, and we will start the test trading soon under the supervision of the China Securities Regulatory Commission,” said Yang Maijun, Shanghai Futures Exchange general manager………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031