Gate News message, April 22 — The Shanghai Futures Exchange (SHFE) officially opened its nickel futures and options to offshore traders starting from the evening continuous trading session on April 21, while simultaneously launching natural rubber (NR) options and international copper options through its subsidiary Shanghai International Energy Exchange. The exchange welcomed qualified foreign investors (QFI) to participate in all three products.
Nickel futures and options mark SHFE’s first internationalized commodity futures and options product following the completion of business rule internationalization last year. As of April 22 close, the main nickel contract rose 0.57% to 142,010 yuan per ton. Nickel futures recorded 373,600 contracts traded (one-sided) worth 529.3 billion yuan, while nickel options saw 226,900 contracts traded valued at 1.86 billion yuan. Open interest reached 349,800 contracts for futures and 109,600 for options. NR options recorded 1,538 contracts traded worth 6.293 million yuan with 772 open positions, while international copper options posted 207 contracts traded worth 1.2377 million yuan with 129 open positions.
With these launches, SHFE’s count of specific commodities rose to 10, and QFI-tradable products expanded to 36. As of April 22 close, 30 overseas intermediary institutions completed SHFE registration, with offshore clients from Singapore, Hong Kong, Australia, UAE, and Cayman Islands actively participating. Participants included producers, banks, risk management firms, and funds.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Guangdong Electricity Prices Double as Iran War Chokes LNG Supply
China's Guangdong province, an industrial hub comparable in size to South Korea, has experienced electricity spot prices nearly double due to constrained natural gas supply from the Middle East, according to Bloomberg. Spot rates climbed to nearly 680 yuan (S$112) per megawatt-hour on April 14 – a t
CryptoFrontier19m ago
Whale 0xb58 Posts $1.4M Unrealized Gains on BRENTOIL Long, $2.2M Loss on SOL Short
Gate News message, April 23 — A whale wallet address 0xb58 is currently holding a 3x leveraged long position in BRENTOIL with over $1.4 million in unrealized gains, according to Onchain Lens monitoring.
Simultaneously, the same whale maintains a 3x leveraged short position in SOL, which is
GateNews24m ago
The extension of the Iran-Iraq ceasefire affects inflation expectations, and gold prices rebound after falling for two straight days
While the Iran-Iraq ceasefire has been extended, the deadlock in the Strait of Hormuz remains unresolved. Energy risks have pushed Brent crude oil prices above $100, lifting inflation expectations. Spot gold steadied after a streak of declines, trading at about $4,733; ETF flows have been moving in for three straight weeks, indicating demand for safe-haven assets alongside fundamental support. With lower leveraged trading volume and capital concentration, institutions are dynamically adjusting their gold allocations. If it approaches $4,850, profit-taking sell pressure could emerge, and the market may see short-term fluctuations.
ChainNewsAbmedia2h ago
Gold and Silver Slip Slightly, Oil Rises; Bitcoin and Ethereum Volatility Indices Decline
Gate News message, April 23 — Gold prices fell to $4,731.95 per ounce with a daily decline of 0.18%, while silver dropped to $77.585 per ounce, down 0.13% intraday. Bitcoin volatility index (BVIX) stood at 43.64, declining 1.80%, and Ethereum volatility index (EVIX) reached 63.90, down 5.19%.
In
GateNews2h ago
Trump Confirms Iran Ceasefire Negotiations Have “No Timeline,” Bitcoin Reexamines $78k
On April 23, Bitcoin reclaimed above $78,000. On April 22, U.S. President Donald Trump, during an interview with Fox News reporter Martha MacCallum, confirmed that the U.S.-Iran ceasefire negotiations do not have a set timeline, and denied a report that the U.S. media outlet Axios cited the same day, which referred to a "3 to 5 day window period" attributed to U.S. officials.
MarketWhisper3h ago
U.S. Stock Index Futures and Precious Metals Decline, WTI Crude Oil Plunges 11%
Gate News message, April 23 — U.S. stock index futures (contracts based on major U.S. equity benchmarks) and spot precious metals fell sharply, while international crude oil prices dropped significantly.
WTI crude oil (West Texas Intermediate, the U.S. benchmark for oil pricing) plunged 11% in a si
GateNews3h ago
