China is stepping up efforts to strengthen its influence in the pricing of global non-ferrous metals, rolling out measures to deepen market activity and tightening links between futures, spot and derivatives trading.
Authorities in Shanghai, the mainland’s financial hub, on Tuesday rolled out an action plan aimed at strengthening the links between the futures, spot and derivatives markets for non-ferrous metals. It is part of a broader ambition to enhance Shanghai’s role in global commodity pricing.
