Ganfeng Lithium plans to build a $1.1 Billion trading desk
Derivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said.
China’s imports of unwrought copper and semi finished copper products dropped 3% on the month in May because of high stocks. Traders said that extra bookings placed in May will raise June arrivals. High bonded stocks in Shanghai limited China’s imports