The Shanghai Futures Exchange plans to launch futures and options contracts for cast aluminum alloy in the previous period.

On April 25th, the Shanghai Futures Exchange issued a notice, soliciting opinions on the futures contracts, options contracts, and business rules for cast aluminum alloy. The Shanghai Futures Exchange stated that the launch of cast aluminum alloy futures and options is aimed at improving the sequence of non-ferrous metal futures and options products, providing efficient price risk management tools for physical enterprises, and helping to build a green, low-carbon circular economy system and a unified national market. Industry insiders believe that cast aluminum alloy is an important product for the global aluminum industry's low-carbon transformation. China is a major producer of cast aluminum alloy, and the introduction of cast aluminum alloy futures and options will provide the market with open and transparent price signals, promote the green and low-carbon development of China's aluminum industry, and serve the "dual carbon" strategy.