The Conversation (0)
The Wall St. Journal.com reports that the industry has not fully accepted minor metals conracts on the LME, including cobalt, and therefore will not be used as a pricing mechanism yet.
The Wall St. Journal.com reports that the industry has not fully accepted minor metals conracts on the LME, including cobalt, and therefore will not be used as a pricing mechanism yet.
The story is quoted as saying:
Cobalt futures contracts had proven slightly more popular but there was still “negligible” business and “quite often there are no traders in the ring,” a trader said.
