LME market late next year Molybdenum, Cobalt Futures
London Metal Exchange (LME) steel billet futures early this year after listing, in turn targeting commodities has been relatively isolated small metal function (iterator) in the field. The world's largest non-ferrous metals futures market, recent disclosures on the 4th of this month the Council has approved the convening of the second half of next year, molybdenum and cobalt Futures program.
Molybdenum, cobalt and base metals were copper, nickel associated, the latter two have already started trading in the LME, and the recent small metal prices volatile, so LME intend to provide a small transparent base metals prices and new risk management tools.
According to CEO Martin Abbott introduced LME, LME metal futures little discussion of listed species for some time. However, two small metal futures contract design, market participants have to be perfect together.
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