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Home / Metal News / SHFE Lifts Transaction Fees for Copper, Nickel, Zinc Contracts from Nov. 15

SHFE Lifts Transaction Fees for Copper, Nickel, Zinc Contracts from Nov. 15

Nov 14, 2016 18:19

Source:SMM

The Shanghai Futures Exchange (SHFE) said late last Friday it will raise transaction fees for certain copper, nickel and zinc contracts from Tuesday November 15.

SHANGHAI, Nov. 14 (SMM) - The Shanghai Futures Exchange (SHFE) said late last Friday it will raise transaction fees for certain copper, nickel and zinc contracts from Tuesday November 15.

From November 15, the transaction fees for contracts which were opened and closed within a day will be increased to 0.01% of the transacted value for January and February copper contracts, 6 yuan per lot for January and February zinc contracts and 12 yuan per lot for January and May nickel contracts, according to the exchange.

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