SHFE Lifts Transaction Fees for Copper, Nickel, Zinc Contracts from Nov. 15  -Shanghai Metals Market

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

Company News 06:19:59PM Nov 14, 2016 Source:SMM

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. 

For news cooperation, please contact us by email: sallyzhang@smm.cn orservice.en@smm.cn.

Price

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#1 Refined Cu
Apr.24
49045.0
-145.0
(-0.29%)
Standard-Grade Copper
Apr.24
49000.0
-140.0
(-0.28%)
High-Grade Copper
Apr.24
49090.0
-140.0
(-0.28%)
Guixi copper
Apr.24
49100.0
-140.0
(-0.28%)
Low-quality copper
Apr.24
48940.0
-135.0
(-0.28%)

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

Company News 06:19:59PM Nov 14, 2016 Source:SMM

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. 

For news cooperation, please contact us by email: sallyzhang@smm.cn orservice.en@smm.cn.