Qi Huo Ri Bao Wang·2025-06-10 16:33Core Viewpoint - The launch of casting aluminum alloy futures and options is a milestone for the recycled aluminum industry in China, contributing to the establishment of a fair and transparent pricing mechanism and providing efficient risk management tools for industry enterprises [1]. Industry Overview - China is a major producer and consumer of recycled aluminum, with production expected to exceed 10 million tons in 2024 and reach over 18 million tons by 2030 [1]. - The introduction of casting aluminum alloy futures and options is anticipated to promote the standardized development of the recycled aluminum industry [1]. Market Participation - On the first day of trading, the casting aluminum alloy futures saw active participation from industry enterprises, including notable companies such as Lichong Sihua Light Alloy Group Co., Ltd. and Chongqing Shunbo Aluminum Alloy Co., Ltd. [1]. - The trading environment is expected to become more active, leading to a fairer market price for aluminum alloys [2]. Risk Management - The new futures product will enhance the effectiveness of hedging for enterprises, allowing for better risk management compared to previous reliance on aluminum futures [2]. - The futures market will facilitate production adjustments and improve resource allocation within the industry [2][3]. Comprehensive Services - Futures companies can provide a range of services from standardized contracts to customized products, aiding enterprises in market risk management and strategic development [3][4]. - The launch of casting aluminum alloy futures and options complements existing aluminum futures products, forming a comprehensive risk management system for the aluminum industry [4].