Shanghai Futures Exchange: to ensure the smooth launch and steady operation of alumina futures to serve the high-quality development of aluminum industry.

The China Securities Regulatory Commission (CSRC) recently agreed to the registration of alumina futures on the Shanghai Futures Exchange, requiring all preparatory work done in the previous period to ensure the smooth launch and steady operation of alumina futures. In recent years, under the influence of macroeconomic, industrial policy, changes in supply and demand, emergencies and other factors, alumina prices fluctuate frequently, and the demand for enterprise risk management is becoming increasingly strong. Listed alumina futures will help to optimize the market-oriented pricing mechanism and promote the transformation, upgrading and high-quality development of the industry.