27.03.2015 - Shanghai to Match London Metals as China Seeks Commodities Sway
The Shanghai Futures Exchange will start trading nickel and tin on Friday, offering the same main contracts as the world’s biggest metals bourse in London, as China seeks to extend its influence over commodities prices. They join Shanghai’s existing futures for aluminum, copper, lead and zinc. Nickel and tin are the worst performers on the London Metal Exchange this year, partly on concern that demand in China may weaken. Mainland traders can use both LME and SHFE contracts to hedge or profit from the difference in prices...............................................Full Article: Source
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