Cast Aluminium Alloy Futures and Options to Debut on Shanghai Futures Exchange, Supporting China's Green Transition

Published: May 27, 2025 11:45
[Cast Aluminium Alloy to Debut in China's Futures Market]

On May 26, 2025, the China Securities Regulatory Commission approved the Shanghai Futures Exchange to launch futures and options for cast aluminium alloy, marking the first recycled metal to be introduced in China’s futures market. As the world’s largest producer and consumer of this alloy, China had a 2024 production capacity of 13 million tonnes, with actual output at 6.2 million tonnes and consumption at 6.73 million tonnes.

Cast aluminium alloy, produced mainly from recycled aluminium and other metals, is widely used in sectors such as automotive, electronics, and machinery. It offers strong environmental advantages—its carbon footprint is only 3.6% that of coal-fired electrolytic aluminium. The launch of futures and options aims to support China’s green transition, improve recycled aluminium market standards, and provide price risk management tools to industry participants.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
10 hours ago
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Read More
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.
10 hours ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
10 hours ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Read More
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.
10 hours ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
10 hours ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Read More
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.
10 hours ago
[Cast Aluminium Alloy to Debut in China's Futures Market] On May 26, - Shanghai Metals Market (SMM)