UTC+8 ( BJT)

SHFE waives all futures delivery fees till next January

In a move seen as boosting trading activity and delivery volumes, the Shanghai Futures Exchange (SHFE) intends to temporarily waive physical delivery fees on all its listed commodities beginning April 10 until January 8 next year, according to a SHFE notice on March 17.
The products covered include rebar, wire rod, hot rolled coils, stainless steel, copper, aluminium, zinc, lead, nickel, tin, gold, silver and crude oil. “This change might be to promote more trading and delivery volume,” an analyst with a Shanghai-based futures company commented. “It is helpful for guiding enterprises to use derivatives

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