Core Viewpoint - Shanghai Futures Exchange is actively transforming its "dual carbon" strategy into market language, facilitating the green and low-carbon transition of industries through the development of new products and price indices [1][4]. Group 1: Development of Green Products - The Shanghai Futures Exchange has launched green products such as casting aluminum alloy futures and options, and newsprint futures and options, to support the low-carbon transition of industries [1][2]. - The first trading of casting aluminum alloy futures and options is set for June 2025, which plays a crucial role in recycling waste aluminum and significantly reduces energy consumption and emissions [1][2]. - The exchange emphasizes enhancing delivery standards and brand certification to promote high-quality development and resource efficiency in the aluminum industry [1]. Group 2: Market Participation and Impact - Several entities in the industry are actively engaging with the casting aluminum alloy futures pricing model, which fills a gap in the recycled metal derivatives market and provides hedging tools for recycled aluminum companies [2]. - The introduction of newsprint futures and options in September 2025 aims to manage raw material costs and price volatility, enhancing operational stability for companies in the paper industry [2]. Group 3: Hydrogen Price Index System - The "China Hydrogen Price Index System," launched in September 2022, serves as a benchmark for monitoring the hydrogen market and aids in establishing a national hydrogen trading system [3]. - The release of the "China Green Hydrogen Price Index" in September 2024 further supports the green and low-carbon transition of industries [3]. Group 4: International Cooperation and Sustainable Development - The Shanghai Futures Exchange and Shanghai International Energy Exchange joined the United Nations Sustainable Stock Exchanges (UNSSE) initiative in May 2025, marking a significant step in enhancing international cooperation in green finance [4][5]. - This initiative aligns with the central government's emphasis on advancing green finance and sustainable development goals, contributing to the exchange's long-term growth and global influence [4][5]. Group 5: Future Outlook - The Shanghai Futures Exchange plans to continue developing green products and services, focusing on market-driven approaches to promote green standards and facilitate resource allocation towards low-carbon sectors [5].
助力产业绿色低碳转型上期所做好金融“五篇大文章”
Zhong Guo Zheng Quan Bao·2025-09-23 20:16