Nymex mini-contracts start slowly in first week in cautious market

Dec 08, 2006 | 10:40 AM | Sean Barry

The New York Mercantile Exchange's new Comex miNY metals futures and London look-a-like contracts got off to a slow start in their first week of trading, with the market greeting them with caution.

As of the end of business Dec. 7, a total of 31 copper miNY contracts had been traded since their launch, along with 33 silver miNY contracts and 117 gold miNYs. There were no trades reported for the Comex Asian gold contracts.....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center