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Gold/Mining/Energy : SILVER (Ag) PRODUCERS

FMNJ 0.000800

+60.0%

Nov 3 12:56 PM EST

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To: hilligas who wrote (47)	3/12/2007 5:32:24 AM
From: NYBob1	of 144

China approves zinc futures trade in Shanghai - Source: Guoco Group China's Shanghai Futures Exchange has received final approval from the State Council to start zinc futures trading, exchange officials said Monday. The exchange intends to launch its fifth futures product on March 26, but the date has yet to be settled, said an exchange official who declined to be named. The new product is expected to meet growing domestic demand to hedge against global market swings. Three-month London Metal Exchange zinc prices more than doubled last year. China is the world's biggest consumer of zinc. Domestic production rose 15% to 3.15 million metric tons last year. The exchange now trades copper, aluminium, natural rubber and fuel oil futures. metalsplace.com marketwire.com investorshub.com

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