提升有色金属大宗商品能级和全球定价影响力,上海发布18项措施
Sou Hu Cai Jing·2026-01-20 11:50

Group 1 - The core viewpoint of the news is the introduction of the "Action Plan" aimed at enhancing the linkage between futures and spot markets for non-ferrous metals, thereby improving the overall capability of the non-ferrous metal commodity sector in Shanghai [1][2] - The "Action Plan" includes three main parts with 18 measures, focusing on promoting market interconnectivity and supporting enterprises in managing price risks through participation in futures and OTC derivatives markets [1][2] - The Shanghai Futures Exchange has listed 11 non-ferrous metal futures and 10 options, with some products gaining pricing power globally, establishing Shanghai as one of the three major pricing centers for non-ferrous metals [3] Group 2 - The plan aims to enhance the internationalization of the non-ferrous metal commodity market and increase the influence of "Shanghai prices" by expanding the range of open futures and options and exploring cross-border delivery mechanisms [2] - The initiative seeks to cultivate a robust ecosystem for the non-ferrous metal market by fostering competitive trading entities and promoting data sharing across platforms and regions [2] - Challenges remain in the non-ferrous metal commodity trade, including the need for stronger linkage between futures and spot markets, insufficient international pricing power, and a lack of leading global commodity traders [4]