One Month after the Launch of LME Cobalt Future Market -Shanghai Metals Market

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One Month after the Launch of LME Cobalt Future Market

SMM Insight 02:50:33PM Mar 24, 2010 Source:SMM

SHANGHAI, Mar. 24 (SMM) -- From the launch of LME Cobalt Future Market on February 22nd till March 22nd, total trading volumes of refined cobalt on LME cobalt futures market were 436 mt and trading values were USD 17,962,600.  Trading volumes of LME nickel are growing, and the impact on spot market from the launch of LME cobalt future market is emerging with the passing of each day.

To contact the writer on this report: fergiewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn



 

One Month after the Launch of LME Cobalt Future Market

SMM Insight 02:50:33PM Mar 24, 2010 Source:SMM

SHANGHAI, Mar. 24 (SMM) -- From the launch of LME Cobalt Future Market on February 22nd till March 22nd, total trading volumes of refined cobalt on LME cobalt futures market were 436 mt and trading values were USD 17,962,600.  Trading volumes of LME nickel are growing, and the impact on spot market from the launch of LME cobalt future market is emerging with the passing of each day.

To contact the writer on this report: fergiewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn