First Cast Aluminum Alloy Futures Contract AD2511 Successfully Settled on SHFE

On November 19, 2025, the first cast aluminum alloy futures contract AD2511 on the Shanghai Futures Exchange (SHFE) was successfully settled, with a settlement volume of approximately 22,900 mt and a settlement value of about 476 million yuan. Since its launch, the cast aluminum alloy futures have operated smoothly, with active participation from enterprises. As of November 17, 2025, the cumulative trading volume reached 596,400 contracts, with a total turnover of 120.282 billion yuan, and the total weight of standard warrants amounted to 59,400 mt. The launch of cast aluminum alloy futures has provided an effective risk management tool for the secondary aluminum industry chain.

Enterprises participating in the first settlement included Guangzhou Co., Ltd. of CSIC Material Trading Group, Beijing Financial Holdings Capital Co., Ltd., and Ningbo Haitian Tongchuang Industrial Co., Ltd., all of which are related to the cast aluminum alloy industry chain. The standard warrants for the first settlement were generated at multiple delivery warehouses, including CMST Development Co., Ltd., Zhejiang Critical Peak Supply Chain Co., Ltd., and Xiamen C&D Storage Co., Ltd. As the "last mile" of futures serving the real economy, settlement serves as a link connecting the futures and spot markets. After the launch of cast aluminum alloy futures, SHFE held "Cast Aluminum Alloy Futures Settlement Business Training Sessions" in Chongqing and Wuxi, laying a solid foundation for the generation o