On November 13, the first batch of warehouse receipts of Qinzhou alumina futures storage point of Jushen Warehouse has been successfully generated, a total of about 3,000 tons, marking that the alumina futures delivery business of the warehouse point has entered the substantive operation stage, which is inseparable from the guidance and help of the Shanghai Futures Exchange, as well as the trust and support of industrial customers.
In recent months, the alumina futures market has continued to shake higher, the Shanghai Futures Exchange evaluated the situation, centered on the development trend of the alumina market and built a high-quality product system, and set up an alumina futures delivery warehouse in Guangxi in early November, which has made a positive contribution to stabilizing the market and serving the high-quality development of the real economy.
Guangxi and its surrounding areas are one of the important distribution centers of domestic alumina products, and the consumption and circulation of alumina have a strong influence on the domestic alumina industry. The new alumina futures storage point in Qinzhou Port area of China (Guangxi) Pilot Free Trade Zone provides more options for alumina futures trading and delivery customers, and improves the convenience of delivery. In the future, more market participants will be attracted to jointly promote the high-quality development of the aluminum industry in the region, continuously optimize resource allocation, reduce transaction costs, and enhance industrial competitiveness.
In the next step, Jushen Warehouse Qinzhou alumina futures delivery warehouse will continue to optimize and improve the operation process, improve the service level, and strive to provide more professional, standardized, safe and efficient service experience for the alumina market trading and delivery customers.
