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Bloomberg reported Indonesia’s exchange started trading physical contract tin on Wednesday after two delays.
Bloomberg reported Indonesia’s exchange started trading physical contract tin on Wednesday after two delays.
As quoted in the market news:
The Indonesia Commodity & Derivatives Exchange, which offers palm oil and gold, had two lots of 5 metric tons each traded before the contract settled at $24,500 a ton. The introduction was delayed from Dec. 15 and Jan. 12 to allow potential users more time to prepare.