China Opens Lithium Market to Overseas Investors
Market Intelligence Analysis
AI-PoweredChina is opening up its futures markets for 14 commodities, including lithium and nickel, to foreign investors, which could increase global participation and pricing transparency in these markets.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
China will open up futures markets for 14 commodities, including lithium carbonate and nickel, to foreign investors, Bloomberg reported today, citing a statement by the China Securities Regulatory Commission. The move comes a few days after reports emerged that Beijing plans to launch liquefied natural gas futures priced in yuan. The Shanghai Futures Exchange has sought for years to launch yuan-denominated futures of key commodities, including LNG and nickel, to seek a role for China in the global pricing of the major Chinese commodity imports.…
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