【SSE: First Anniversary of Alumina Futures Launch, Initial Service to Entity Functions】On June 18th, the Shanghai Futures Exchange (SSE) stated that the world’s first alumina futures, with physical delivery, has completed its first anniversary of listing. The market has operated stably, with a steady expansion of scale, gradually improving investor structure, high correlation between futures and spot prices, orderly delivery business, and gradually emerging market functions. Since its listing, alumina futures trading and open interest have increased steadily, with a total trading volume of 36.667 million contracts (equivalent to 733.34 million tons) and a trading value of 2.5 trillion yuan. (SSE)
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