Shanghai Future Exchange to include rare earths
Published: Tuesday, 03 June 2014
By including rare earths futures products, the biggest Chinese commodities market will further stabilise prices worldwide and will become the major trading platform for rare earths products, helping the country regulate its domestic market.
The Shanghai Futures Exchange (SHFE) announced
last week it will begin to introduce rare earths as soon as
possible over the next year, together with new futures
products, including alumina, cement and paper pulp.
IM reported at the time that rare earths price increases are
expected to be aided by...