Bourses initially waived fees in March to ease virus pressure Move comes as ShFE copper stocks hit 6-yr low on China demand (Recasts, adds background, detail on low metal inventories)
SHANGHAI, Dec 11 (Reuters) - China’s Shanghai Futures Exchange (ShFE) said on Friday it would extend a waiver on delivery fees for all commodities traded on the exchange and the subsidiary Shanghai International Energy Exchange (INE) by one year, to Jan. 10, 2022.
The ShFE and INE had in March waived the fees until Jan. 8, 2021, in an effort to ease the financial pressure on market participants, who at the time were reeling from the impact of the novel coronavirus outbreak in China.