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No Timetable Set to Launch China First Nickel Contract, Shanghai Futures Exchange Says

Release time:2014-11-26

Nov 26, 2014 05:50 GMT   Source:SMM

 

SHANGHAI, Nov. 26 (SMM) – There is no timetable for launching China’s first nickel contract on Shanghai Futures Exchange (SHFE), Shanghai Metals Market learns.  

“We have no timetable for listing China's first nickel contract now, and are waiting for the approval from State Council and China Securities Regulatory Commission,” one person from SHFE told SMM in an interview during the 2014 SMM China Metals Summit on Nov. 23-24. 

Earlier this year, it was reported that SHFE was planning to launch China’s first nickel and tin futures in 2014.