Shanghai Futures Exchange (SHFE)

China's leading commodities futures exchange, specializing in metals, energy, and agricultural products.

About SHFE

The Shanghai Futures Exchange (SHFE) is one of China's four major futures exchanges and the world's largest exchange for base metals trading by volume. Established in 1999, SHFE provides futures trading in metals, energy products, and agricultural commodities.

Key Products

Base Metals: Copper, Aluminum, Zinc, Lead, Nickel, Tin
Precious Metals: Gold, Silver
Energy: Crude Oil, Fuel Oil, Asphalt
Agricultural: Natural Rubber

Trading Hours

Day Session: 9:00 AM - 11:30 AM, 1:30 PM - 3:00 PM CST
Night Session: 9:00 PM - 2:30 AM CST (next day)

Market Specifications

Copper

Contract Size: 5 tonnes
Tick Size: 10 CNY per tonne
Contract Months: 1-12 months

Aluminum

Contract Size: 5 tonnes
Tick Size: 5 CNY per tonne
Contract Months: 1-12 months

Gold

Contract Size: 1 kilogram
Tick Size: 0.02 CNY per gram
Contract Months: 1-12 months

Why Trade on SHFE

Access to Chinese commodity markets
High liquidity in base metals
Physical delivery available
Regulated by China Securities Regulatory Commission
Growing international participation