SHFE Starts Alumina Contract Trading on June 19

Shanghai Futures Exchange (SHFE) will commence alumina contract trading on Monday June 19, 2023. Alumina futures will be auctioned at 08:55-09:00 on day, and the market will open at 09:00.

The contracts for alumina futures are AO2311, AO2312, AO2401, AO2402, AO2403, AO2404, AO2405, AO2406.

The trading margin is 9% of the contract value. The daily limit is +7%, and twice that on the first trading day.

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