Page 2 - Markit Serv News Today

By Reuters Staff 2 Min Read HANOI, March 3 (Reuters) - Shanghai aluminium prices rose on Wednesday, as concerns of supply cuts in top consumer China pushed prices near their highest level in 9-1/2 years. The most-traded April aluminium contract on the Shanghai Futures Exchange climbed as much as 4.2% to 17,640 yuan ($2,729.00) a tonne, hovering near its highest level since August 2011 of 17,695 yuan a tonne hit on Feb. 26. Three-month aluminium on the London Metal Exchange rose 0.3% to $2,217.5...

WatersTechnology.com Esma: Both OTC identifiers will not be required in Emir reporting Market participants will not have to use both the UPI and the Isin in their submissions to trade repositories, policy officer says. Print this page   Market participants won’t have to use two different codes to identify derivatives in regulatory reporting under the European Market Infrastructure Regulation (Emir), according to Joanna Lednicka, policy officer at the Europea...

By Reuters Staff 2 Min Read HANOI, Feb 3 (Reuters) - Copper prices in Shanghai hit their lowest in eight weeks on Wednesday, while prices also fell in London, dragged down by demand concerns ahead of a major holiday in top consumer China. The most-traded March copper contract on the Shanghai Futures Exchange dropped as much as 1.2% to 56,920 yuan ($8,813.60) a tonne, its lowest since Dec. 9, while three-month copper on the London Metal Exchange dipped 0.4% to $7,743 a tonne by 0320 GMT. China w...

Gold edged lower on Wednesday as the US dollar firmed with investors tracking two closely contested US Senate runoff races in Georgia that will likely determine President-elect Joe Biden administration's fiscal policy.

By Reuters Staff 2 Min Read HANOI, Dec 16 (Reuters) - Copper prices rose on Wednesday as data showed a solid economic recovery in top consumer China, with sentiment also underpinned by optimism around the roll-out of COVID-19 vaccines. Three-month copper on the London Metal Exchange increased 0.5% to $7,818 a tonne by 0253 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange climbed 0.7% to 57,960 yuan ($8,859.81) a tonne. China’s factory output grew at the fast...