On November 19, 2025, the Shanghai Futures Exchange (hereinafter referred to as the Shanghai Futures Exchange)'s first cast aluminum alloy futures contract AD2511 successfully completed delivery, with a delivery volume of approximately 22,900 tons and a delivery amount of approximately 476 million yuan. Since the listing of cast aluminum alloy futures, the operation has been stable, and companies have actively participated. As of November 17, 2025, a total of 596,400 lots have been traded, with a total transaction value of 120.282 billion yuan, and a total standard warehouse receipt weight of 5.94 tons. The listing of cast aluminum alloy futures provides an effective risk management tool for the secondary aluminum industry chain.
Companies participating in the first delivery include China Shipbuilding Industry Materials Trading Group Guangzhou Co., Ltd., Beijing Financial Holding Capital Co., Ltd., Ningbo Haitian Tongchuang Industrial Co., Ltd. and other companies related to the cast aluminum alloy industry chain; the standard warehouse receipts for the first delivery are generated at multiple delivery warehouses such as China Storage Development Co., Ltd., Zhejiang Jianfeng Supply Chain Co., Ltd., and Xiamen Jianfa Warehousing Co., Ltd. As the “last mile” for futures to serve the real economy, delivery is the link connecting the futures and spot markets. After the listing of cast aluminum alloy futures, our exchange held “Cast Aluminum Alloy Futures Delivery Business Training Seminars” in Chongqing and Wuxi respectively, laying a solid foundation for the smooth creation of standard warehouse receipts and first delivery business. In the future, our firm will continue to improve the quality and efficiency of serving the market and help cast aluminum alloy futures to fully exert its functions.
Market participants said that by participating in the delivery of cast aluminum alloy futures, enterprises in the recycled aluminum industry chain can lock in profits in advance, broaden sales channels, enrich sales strategies, and achieve stable operations and sustainable development; the series of trainings organized by the last issue have increased the enthusiasm of enterprises to participate in the physical delivery of cast aluminum alloys and help them successfully complete various tasks for the first delivery; the Shanghai Exchange has always upheld the responsibility of serving the real economy and continued to provide various refined services to ensure the stable operation of cast aluminum alloy futures.
The relevant person in charge of the Shanghai Futures Exchange said that it will continue to serve the real economy as its mission, focus on the main line of “strengthening supervision, preventing risks, and promoting high-quality development”, effectively perform the responsibilities of market supervision and risk prevention, and maintain the stable operation of the market; at the same time, it will closely track the market operation status, constantly optimize the delivery process, give full play to the functions of futures market price discovery, risk management, and resource allocation, serve the “double carbon” and green development strategic goals, and promote high-quality development of the real economy.