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The Shanghai Futures Exchange launched aluminium and zinc options contracts on Monday August 10 to meet growing desire for the important risk management tool, the exchange chairman said.
Cobalt intermediates prices continued to climb up on limited spot availability while demand remained healthy after some smelters opted to restock in light of the strong upswing in cobalt salts’ prices, Fastmarkets heard.
Ferrous scrap prices in all the key global markets continued to increase in the week ended Friday August 7 on stable demand from end-users and high prices for downstream steel products.
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