China alumina participants welcome news of SHFE futures contract launch, but wider concerns remain

Participants in China’s alumina market have expressed cautious optimism that the imminent launch of alumina futures in the country will prove to be beneficial for the wider market, but weak fundamentals remain a concern.

The Shanghai Futures Exchange (SHFE) will start alumina contract trading on Monday June 19, it announced on Tuesday June 6.

The first eight contracts to be introduced by the exchange...

Published

Ruby Liu

June 08, 2023

08:42 GMT

Shanghai