21.10.2010 - LME gives up on plastics trading
From Resourceinvestor.com: The London Metal Exchange said on Wednesday that it will call an end to its six-year effort to develop plastics futures contracts by delisting the contracts launched in May 2005 at the end of April next year. The base metals exchange has “put considerable effort into this endeavor to bring transparency and hedging facilities to the plastics business,” Martin Abbott, LME chief executive, said in a statement..............................................Full Article: Source
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