Lead futures officially listed on the Shanghai Futures Exchange

On March 24, lead futures were officially listed on the Shanghai Futures Exchange. In the morning, 60,146 lots were traded and the turnover was 28.772 billion yuan. Lead-acid batteries are the largest consumer of lead, accounting for more than 70% of total demand. Driven by electric vehicles, wind power, solar power, and other industries, there is much room for future growth. As the world's largest lead producer and consumer country, China's lead futures listing is of great significance in optimizing the lead price formation mechanism and improving the risk management level of lead upstream and downstream enterprises.

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