China copper futures contract was launched on 199 1. 199 1, the former Shenzhen Nonferrous Metals Exchange began to launch copper trading, 1992, the former Shanghai Metal Exchange opened, and copper was one of the main futures products listed. At that time, both exchanges were trading medium and long-term contracts. It was not until March 1993 that Shanghai Metal Exchange launched the standard contract for electrolytic copper futures that copper began to trade in physical futures.

From 65438 to 0992, aluminum futures were listed and traded on Shanghai Metal Exchange, one of the forerunners of Shanghai Futures Exchange.