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LME is blessed by the Sino-US trade war

2018-10-09 16:47:11 EAST UNITED ALUMINUM LTD
The Sino-US trade war and the metal price volatility caused by sanctions against Rusal, coupled with some measures taken by the London Metal Exchange, have led to a 9% increase in trading volume so far this year.
It turns out that the Sino-US trade war and the harsh sanctions against the Russian oligarchs are beneficial to the London Metal Exchange (LME).

Matthew Chamberlain, chief executive of the 141-year-old exchange, said that so far this year, the volume of transactions has increased by 9%, because users are competing to take protective measures to cope with turbulent market conditions or busy Note the price trend.

News Date: Oct 9th, 2018   Reported by Doreen.

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