上期所就铅期货合约规则修订征求意见

Core Viewpoint - The Shanghai Futures Exchange (SHFE) is revising the lead futures contract rules to include recycled lead ingots as an alternative delivery item, enhancing the futures market's ability to support the green and low-carbon development of the non-ferrous metals industry [1][2]. Group 1: Rule Changes - The revision includes the addition of delivery grade specifications for alternative delivery items in the SHFE lead futures contract [2]. - The SHFE will also introduce weight-related regulations for alternative delivery items in the lead futures business rules [2]. Group 2: Industry Context - The lead futures market has operated smoothly since its launch, becoming a crucial pricing reference for domestic spot trade and widely used by industry chain enterprises for risk management and trade activities [1]. - The recycled lead sector has become a significant part of the global lead market, with the industry forming a closed-loop model of "production-consumption-recycling-rebirth," achieving efficient resource recycling [1]. - The inclusion of recycled lead in the futures delivery system is expected to enhance risk management capabilities in the recycled lead industry and better serve the green and low-carbon development of the sector [1].