日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Chinese port seeks 1st LME warehouses on mainland

(Agencies) Updated: 2012-11-12 10:52

Chinese port seeks 1st LME warehouses on mainland

A unit of China's third largest port is in initial discussions with the London Metal Exchange to be listed as a delivery point, a move that may signal the end of a government ban on foreign exchanges setting up storage on the mainland.

An LME-approved warehouse on the mainland would boost international access to the domestic metals markets of the world's largest consumer and potentially increase volumes on the LME and the Shanghai Futures Exchange.

It would also close up loopholes in the LME's delivery network that have frustrated some Chinese customers.

The LME, which has registered warehouses worldwide, has tried for many years to set up storage facilities on the mainland.

The exchange is expected to have more success after it is bought out by the Hong Kong Exchanges and Clearing Limited (HKEx), which has close ties with the regulators in Beijing.

The HKEx has said it plans to support the LME to expand its warehouse network on the mainland. Its $2.2 billion acquisition of the LME is expected to be completed this year.

Meishan Port, which is administered by Ningbo Port, is doubling its available bonded storage area to 120,000 square meters by January, Zhang Hangfei, director of the investment cooperation bureau of the Meishan government, told Reuters.

"We have started talk with the LME looking at the possibility of a warehouse here," Zhang said, adding the port was also willing to build more facilities if asked by the LME.

"I believe Shanghai, Dalian and other bonded ports ... might also want to become approved LME warehouses because it can raise our profile," he said. Meishan island is located off the coast of Ningbo, a city in eastern China.

China's economic planning authority the National Development and Reform Commission and the nonferrous metals association are conducting a feasibility study for the first time on allowing the LME to set up warehouses on the mainland, two industry sources with government links said.

The study will look into minimum load out rates, a major concern for consumers who complain that small and slow deliveries have caused an artificial tightness in spot supplies, one of the sources said.

"One of the conditions is the LME cannot limit buyers from taking metals and the load out time has to be reasonable," the source said.

LME-registered warehouses can only release a fraction of their inventories each day, while mainland futures exchanges are not allowed to set delivery limits.

Slow delivery rates pushed aluminium premiums to record highs this year even though global demand was weak.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲欧美专区 | 黄色专区 | 91最新国产| 成人欧美精品 | 黄色在线小视频 | 国产欧美精品区一区二区三区 | 欧美久久视频 | 九九热视频免费观看 | 日本wwww色| 2014天堂网| 免费看一级黄色大片 | 三级国产视频 | 成人小视频在线播放 | 国产伦理久久精品久久久久 | 日韩国产一区二区三区 | 日韩二区视频 | 亚洲欧洲日韩av | 国产日韩欧美中文字幕 | 婷婷综合网站 | а√天堂8资源在线官网 | 性欧美一区二区 | 亚洲大胆人体 | 国产高清日韩 | 国产精品视频免费在线观看 | jizz亚洲少妇| 日韩中文字幕在线观看 | 人人人超碰 | 亚洲性视频网站 | 桃色网址 | 看毛片的网站 | 99热国产 | 中文字幕av在线播放 | a毛片网站 | 国产黄频在线观看 | 丁香午夜| 天堂av中文在线 | 免费精品一区 | 国产亚洲三级 | 高潮av| 亚洲性图第一页 | 一级裸体视频 |