The aluminum futures designated delivery library of SHFE with an approved capacity of ten thousand tons has held the launch ceremony in Zhengzhou Logistics Center of Zhengzhou Development Stock Co., bringing a sum of benefits to aluminum companies in central provinces.
As one of the three main commodities futures exchanges in China, SHFE is said to be the only one which has achieved the exchanges of nonferrous metal futures. Before the establish of Zhengzhou delivery library, interior aluminum companies had to go to coastal regions to handle procedures inconveniently.
In the future, Zhengzhou is expected to be several delivery libraries of SHFE, except for aluminum. The set of Zhengzhou Delivery Library makes it possible for companies in Henan to grasp aluminum price directly and sensitively.
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