Become a customer

HKEx will launch lead, nickel, tin mini futures on Dec 14

Hong Kong Exchanges & Clearing (HKEx) will introduce yuan-denominated London mini futures for lead, nickel and tin on Monday December 14, it said today.

November 3, 2015
By Generic people page
Base metals Copper

Hong Kong Exchanges & Clearing (HKEx) will introduce yuan-denominated London mini futures for lead, nickel and tin on Monday December 14, it said today.

The three new contracts will be exempt from exchange fees between December 14 and the end of the day trading session on June 30 2016.

The contract size for the nickel and tin mini futures will be 1 tonne, while the lead mini futures will be 5 tonnes.

Most of the key contract specifications are based on the metals futures offered by the London Metal Exchange, HKEx said.

HKEx is inviting applications from market participants interested in acting as liquidity providers for the new contracts.

The contracts were first announced during LME Week in October, and will join HKEx’s yuan-traded zinc, copper and aluminium mini futures, launched in December 2014.

Charlotte Radford 
charlotte.radford@metalbulletin.com
Twitter: @CRadford_MB

What to read next
Steel, Aluminium, Blade
Brazilian aluminium industry plans further decarbonization
Brazil's aluminium industry is further enhancing its sustainability by boosting renewable energy use and recycling, while mitigating risk from high-carbon imports
April 18, 2024
 · 
By Renato Rostás
Aurubis not considering cuts amid low copper TCs, CEO says | Hotter Commodities
German copper producer Aurubis is among the least likely to consider reducing capacity despite record low treatment charges (TCs), according to its chief executive officer
April 18, 2024
 · 
By Andrea Hotter
European copper demand strong, with requests to increase order volumes, Aurubis CEO says | Hotter Commodities
European copper demand, particularly for wire rod, remains strong and seems to be outpacing broader macro-economic growth in the region, the chief executive officer of German producer Aurubis has said.
April 18, 2024
 · 
By Andrea Hotter
Los Bronces in transition phase while Anglo American focuses on value, Chile head says | Hotter Commodities
The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said
April 18, 2024
 · 
By Andrea Hotter
Exposure to spot TCs key to China smelters, Rio Tinto Copper CEO says | Hotter Commodities
The near-term prospects for Chinese copper smelting capacity amid near-zero treatment charges (TCs) will, to a certain extent, depend on plants’ exposure to spot TCs, the chief executive officer of Rio Tinto’s copper division said on Tuesday, April 16
April 18, 2024
 · 
By Andrea Hotter
Record low copper TCs hitting Chinese smelter competitiveness | Hotter Commodities
It will be very difficult for many Chinese copper smelters to compete with treatment and refining charges (TC/RCs) at record lows, according to the chairman of Chile’s state-owned copper producer Codelco
April 17, 2024
 · 
By Andrea Hotter