China sets sights on LME with new graphite trading platform
Published: Tuesday, 09 September 2014
A China-based trading platform that includes industrial minerals as well as metals could pose a direct threat to the LME’s coveted position in the commodities trading industry, but even parties to the latest exchange scheme admit that details for the plan are sketchy.
trading mechanism for conducting graphite deals
in China will form part of Beijings ambitious scheme to
create an Asian rival to the London Metal Exchange (
LME), IM has learned.
An agreement to launch the Qingdao International Graphite
Exchange was signed at the Grapchina 2014 graphene