Fri, Oct 23, 2020
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Futures and Options, Metals and Minerals more

Japan’s need for aluminum premium futures is limited, says LME chief

Posted on 30 November 2016

Japan’s need for aluminum premium futures is limited, London Metal Exchange CEO Garry Jones told the LME Tokyo Gala event Tuesday. LME launched four physically settled regional aluminum premium contracts, including Northeast Asia premium contracts for delivery to Japan and South Korea, in November 2015.
“They were launched when the market was high. Premiums have since come down and there is less demand,” Jones said. Chicago Mercantile Exchange launched a cash-settled Japan premium contract, settled against S&P Global Platts CIF Japan spot premium assessment, in December 2015………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
October 2020
S M T W T F S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031