Briefly

Industrial silicon futures launched

The Guangzhou Futures Exchange on Thursday launched the trade of industrial silicon futures. The exchange has introduced the first batch of five contracts SI2308, SI2309, SI2310, SI2311 and SI2312, with a benchmark price of 18,500 yuan ($2,651) per metric ton for each contract.

Shanghai's trade with Italy hits $14b

Imports and exports between Shanghai and Italy saw a 3.2 percent year-on-year increase to reach 99.31 billion yuan ($14.25 billion) in the first 11 months this year, data from Shanghai Customs showed. This makes Italy surpass France and become Shanghai's second-largest trading partner in the European Union. At present, Germany continues to be Shanghai's largest trading partner among other EU countries. From January to November, the foreign trade volume between Shanghai and Germany exceeded 232 billion yuan, accounting for about one-third of the city's total imports and exports to the EU, said Shanghai Customs.

Xinhua - China Daily