LME holds warehouse talks for China, Southeast Asia

Jun 20, 2013 | 12:40 PM | Shivani Singh

Tags  London Metal Exchange, LME, Hong Kong Exchanges & Clearing, HKEx, Liz Milan, warehouse, China, Taiwan Thailand

SINGAPORE — The London Metal Exchange is in discussions about establishing warehouses in China and eventually hopes to set up delivery locations in Southeast Asia.

Extending the LME’s global warehouse network to China will be a priority for the LME and its owner, Hong Kong Exchanges & Clearing Ltd. (HKEx), Liz Milan, managing director of LME Asia, told AMM sister publication Metal Bulletin. "We continue to speak to the relevant people in China, and without a doubt....

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