(经济观察)上海谋篇有色金属大宗商品能级提升 中新网上海1月28日电 (高志苗)围绕提升有色金属大宗商品定价影响力，上海近期举措频出：多部门联 合发布《加强期现联动提升有色金属大宗商品能级行动方案》(以下简称《行动方案》)，系统布局期现 市场联动发展；与此同时，镍期货成为上海期货交易所首个直接对外开放的完税有色金属期货品种，加 速推动"上海价格"国际化进程。 当前，全球贸易格局与产业链面临深刻调整，有色金属作为新能源汽车、半导体、航空航天等战略性新 兴产业的关键基础材料，其价格稳定与供应链安全至关重要。国泰君安期货首席分析师季先飞接受中新 网采访时表示，《行动方案》通过提升本土市场的定价能力，旨在增强中国在关键矿产资源领域的自主 性和话语权，服务于国家产业安全和经济转型的大局。 上海依托"五个中心"建设的联动优势与长三角产业基础，在有色金属领域已形成期货、现货、场外衍生 品市场联动发展的格局。以期货市场为例，上海期货交易所已上市铜、铝、锌、铅等11个有色期货品种 和10个有色期权品种，以"上海铜"为代表的有色金属期货板块，已成为中国运行最成熟、产业参与度最 高的商品期货序列之一，并跻身全球三大有色金属定价中心 ...

【导读】上期所调整镍等期货合约涨跌停板和交易保证金比例 来源：中国基金报 记者 莫琳 继金、银、铜、铝之后，上期所又出手了！ 1月23日，上海期货交易所（以下简称上期所）发布通知称，自2026年1月27日（星期二）收盘结算时 起，调整镍、铅、锌等期货相关合约涨跌停板幅度和交易保证金。 相关调整如下：镍期货已上市合约的涨跌停板幅度调整为10%，套保持仓交易保证金比例调整为11%， 一般持仓交易保证金比例调整为12%；氧化铝、铅、锌期货已上市合约的涨跌停板幅度调整为8%，套 保持仓交易保证金比例调整为9%，一般持仓交易保证金比例调整为10%；不锈钢期货已上市合约的涨 跌停板幅度调整为6%，套保持仓交易保证金比例调整为7%，一般持仓交易保证金比例调整为8%。 | | | | 现行标准(%) 交易保证金 | | | 调整后标准(%) 交易保证金 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 品种 | 合约 | 涨跌 | | | 涨跌 | | | | | | 停板 | 套保 | 一般 | 停板 | 套保 | 一般 | | | | | 持仓 | 持仓 | ...

Core Viewpoint - The Shanghai Futures Exchange (SHFE) is focusing on promoting the listing of key products such as liquefied natural gas and corrugated paper, while also enhancing research and development in the electricity sector [1][2] Group 1: Theme Activities and Organizational Development - The SHFE has launched a theme activity titled "Striving for Excellence" to stimulate the internal motivation of its staff, aligning with the central government's directives [1] - The activities are designed to integrate the learning of the Central Eight Regulations with practical measures, encouraging staff to identify gaps and take initiative [1] - The "Zero Distance" cultural brand is utilized to enhance the cultural development within the organization, showcasing the dedication and practical approach of its employees [1] Group 2: Strategic Focus and Future Directions - The organization aims to maintain a high political stance and align with national strategic plans, focusing on serving the real economy and ensuring financial security [2] - Continuous improvement in professional capabilities and resilience is emphasized, with a commitment to integrating the "Four Actions" into daily operations [2] - Key product listings, particularly in liquefied natural gas and corrugated paper, are prioritized, alongside advancements in electricity product research and development [2] - The SHFE is committed to enhancing the effectiveness of technological supervision and deepening the integration of futures tools into the industrial chain [2] - There is a focus on fostering a positive work environment through employee development and organizational integration of party-building efforts [2]