CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
The Shanghai Futures Exchange (ShFE) will lower margin requirements and trading limits for base metals, stainless steel and silver from April 6, it said on Tuesday.
Margin requirements for copper and aluminum will be lowered from 12% to 9%, while that for nickel will be lowered from 19% to 12%, according to the exchange.
(By Albee Zhang, Siyi Liu and Dominique Patton)
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