Shanghai Aims to Expand Key Metals Trading, Enhance Futures for Lithium, Cobalt, Nickel Under New Plan

Published: Aug 26, 2026 10:58

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[Shanghai: Expand Trading Scale of Copper, Aluminum and Other Key Metals, Accelerate Improvement of Futures Product Series for Emerging Metals Like Lithium, Cobalt and Nickel] The Shanghai Municipal People's Government issued the "15th Five-Year Plan" for Accelerating the Construction of an International Trade Center in Shanghai. The plan mentions accelerating the expansion of bulk trading categories. Expand the trading scale of key metals such as copper and aluminum. Accelerate the improvement of the futures product series for emerging metals such as lithium, cobalt and nickel. Improve the service system for new energy products, and support the Lingang New Area to build a hydrogen-based green energy trading platform. Enhance the internationalization level of bulk commodities. Support traditional varieties such as steel to explore the international market, and consolidate the pricing benchmark status of varieties such as "Shanghai Copper", "Shanghai Oil" and "Shanghai Rubber". Promote more futures and options products to be directly opened to overseas traders, and accelerate the launch of new international varieties priced in RMB.

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