Qianhai Mercantile Exchange makes debut; first trade of alumina completed

Qianhai Mercantile Exchange, Hong Kong Exchanges & Clearing’s new onshore China commodities trading platform, started trading on Friday October 19, with a first deal for alumina concluded.

Chinalco International Trade sold 3,000 tonnes of alumina to Xiamen Xiangyu Group at 3,030 yuan ($436.67) per tonne.

“We hope to establish fair market prices with...


Hui Li

October 19, 2018

15:46 GMT