Merchant Category CodesAmerican Bankers Association
A very experienced China metal merchant said in a note to his clients last Friday: "The SHFE-LME copper arbitrage window remains closed, coming in at a $45/mt loss on a cash basis overnight, assuming a $135 Shanghai bonded warehouse premium. The high bonded premia levels are, however, ...
Retail Financial Services - Merchant Category CodesAmerican Bankers Association