shanghai futures exchange

Shanghai Futures Exchange Given Green Light To Trade Alumina Futures

Shanghai Futures Exchange Given Green Light To Trade Alumina Futures

The Shanghai Futures Exchange (SHFE) obtained permission from Beijing late last week to begin trading alumina futures. On Friday, the Securities Regulatory Commission signed off on the plan. With the registration system in place, the SHFE has opened the door to becoming...

Events

China To Release Up To 900 MMT Of Primary Aluminium In Coming Months: CRU

An expert on the metals market in the People’s Republic of China advised its clients that the Middle Kingdom is preparing to release hundreds of thousands of metric tons of raw aluminium in an effort at depressing the market for the metal. According to CRU, China’s National Food and Strategic Reserves Administration could release between […]

Aluminium Price Rise in East China Stymies Spot Market Trades

A sudden rise in aluminium futures prices led to sellers’ reluctance to offload cargoes, slowing spot trades in East China on Monday. According to reporting by SMM, the Shanghai Futures Exchange saw the front-month September contract rise on Monday, gaining back ground lost on Friday evening. Spot trades fell in a range between CNY14,270 and […]

Tepid Trading Picks Up On China’s Spot Aluminium Market After Spring Festival Break

Though initially struggling after the just-ended Spring Festival break, trading on the People’s Republic of China’s spot aluminium market is beginning to quicken after a substantial purchase earlier this week. Coming off one of China’s two “golden week” breaks, trading on the domestic spot market was slow on Monday, with downstream consumers still absent from […]