Tungsten and molybdenum products in China so far, there is no perfect futures market and futures varieties of tungsten and molybdenum products.
Although the Yunnan Pan-Asia Nonferrous Metals Exchange had conducted futures trading mainly on ammonium paratungstate in the early stage, the company eventually went bankrupt, and the tungsten and molybdenum futures also came to an end.
At the non-ferrous forum on May 25, Zhang Ming, deputy general manager of the Shanghai Futures Exchange, said that this year is the start of a new round of strategic planning for the Shanghai Futures Exchange. Goals, and play a more important role in key areas and key links serving the high-quality development of the economy. In the near future, the SHFE will strive to improve the product sequence, take the opportunity of implementing the registration system for the listing of futures products, accelerate the listing of alumina futures, promote the research and development of futures products such as aluminum alloy, magnesium, and tungsten, and escort the high-quality development of my country’s nonferrous metal industry to ensure “prices” .
It can be seen that the listing of China’s tungsten products futures is worth looking forward to.
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