Wed, Sep 2, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commodities Exchanges, Trading more

China draws commodity trading battle lines

Posted on 10 June 2013

Hong Kong Exchanges and Clearing’s plan to co-list commodities contracts on mainland Chinese exchanges, outlined in recent weeks, has fired the starting gun in a battle for a significant share of China’s nascent commodities futures market.
China is the second-largest consumer of oil in the world, the largest consumer of base metals and a big importer of grains, but has never been a major player on the world’s commodities futures stage. Local regulation preventing foreign investors from accessing Chinese exchanges, a low local appetite for hedging and the historical centres for physical commodities trading being in the US and Europe, have conspired to stunt growth………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 42163 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2015
S M T W T F S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930