Copper $ 5.429 / lb 0.03%
Brent Crude Oil $ 59.71 / bbl -1.53%
Palladium $ 1785 / ozt 7.27%
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Silver Futures $ 65.3 / ozt -1.82%
Aluminum Futures $ 2918.75 / ton 0.49%
Micro Gold Futures $ 4361.2 / ozt -0.24%
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Platinum $ 1960.7 / ozt 1.50%
Gold Futures $ 4362.5 / ozt -0.21%
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China says no to LME warehouses in Shanghai free trade zone

Ana Komnenic | October 23, 2013 | 10:04 pm Base Metals China Europe Copper Lead Zinc 

Despite high expectations of the contrary, the London Metal Exchange will not be opening warehouses in China's new Shanghai free-trade zone (FTZ). The Chinese government has decided to uphold the ban on warehouses run by overseas commodity exchanges, Reuters reports....

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