Core Viewpoint - The article discusses the release of 18 measures by Shanghai authorities aimed at enhancing the competitiveness and global pricing influence of non-ferrous metal commodities in the market [2][3]. Group 1: Promoting Market Connectivity and Development - The plan emphasizes the importance of market interconnectivity, promoting the development of futures, spot, and derivatives markets [2]. - It supports local non-ferrous metal trading venues to enhance settlement efficiency and security through a commodity clearing system [7]. - Encouragement is given for various industries, such as automotive and construction, to engage in futures and derivatives markets for better price risk management [7][8]. Group 2: Enhancing Internationalization and Pricing Influence - The initiative aims to elevate the internationalization of the non-ferrous metal commodity market and strengthen the influence of "Shanghai prices" [3]. - It includes expanding the range of non-ferrous metal futures and options available for international trading [4]. - The plan promotes cross-border delivery mechanisms and encourages foreign enterprises to participate in the Shanghai market [4][9]. Group 3: Cultivating a Robust Market Ecosystem - The strategy focuses on fostering competitive trading entities and enhancing collaboration across the supply chain [5]. - It explores the establishment of a market-making system for non-ferrous metal derivatives and encourages the use of blockchain technology for data sharing [6][10]. - The initiative also aims to strengthen the registration and legal effectiveness of warehouse receipts for non-ferrous metals [9][10].
利好来了!上海最新发布
中国基金报·2026-01-20 13:32