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LME takes plastics on the road


London Metal Exchange (LME) officials took their upcoming plastic futures on the road in the US last week, touting two new contracts which are slated for launch next May.

LME officials stopped in Chicago and Houston and officials will be marketing the contracts in Antwerp and Paris this week. The exchange is hoping to drum up participation from producers as well as trading firms. So far, LME is drawing various levels of interest from trading firms, converters or...

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