The Shanghai Futures Exchange is planning to launch China’s first nickel and tin futures this year, local media reported on Friday, as part of steps to internationalise the country’s commodity markets.
Ye Chunhe, ShFE vice general manager, also confirmed to a conference in Shanghai on Thursday that the bourse expects to launch a futures contract on a base metals index, the Securities Times reported.
The paper added, without citing sources, that the exchange had also designed options contracts for copper and gold.
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