Back
Reading Time: 2 minutes

China Futures: INE Copper Futures

Did you know, for the past 10,000 years, the world’s most mined commodity, behind aluminum and iron is Copper?  

Did you know that China’s INE (Shanghai International Energy Exchange) just opened up Copper Futures Contract for International trading last week?

What is Copper?

  • Copper is a non-ferrous metal widely used in the production of cables and wires worldwide and is an important component of electrical cabling in construction.
  • Copper cathode is the primary raw material input of copper rod for wire and cables for construction. 

Copper Futures Demand and Supply

  • Though the industry has been impacted by the COVID-19 pandemic, for 2021, the IWCC  expects output to increase to 24.3 million tonnes, and a demand increase by 4.4% to 23.6 million tonnes.
  • Half of the world’s copper demand comes from China and is expected to increase to 12.2 million tonnes by 2021.

Copper Benchmarks

  • The international copper pricing benchmark are the London Metal Exchange (LME) contract, and the CME Group’s copper contract in the US.

  • The Shanghai Futures Exchange (ShFE) has a domestic copper contract, but it is not accessible to foreign market participants.

  • The new INE copper contract (quoted in yuan) has long been awaited by foreign investors looking to hedge exposure in China. 

Potential of the INE (Shanghai International Energy Exchange) Copper Futures Contract: 

  • The economic disruption due to the pandemic has resulted in greater uncertainty in supply and demand for copper.

  • Copper futures can be used as a hedging tool for price mitigation.

  • Copper futures also offer advantages like central clearing and transparency of price among traders.

If you wish to hedge your exposure in China through Futures contracts through the INE Copper Futures Contract, contact us.

Orient Futures Singapore is an Overseas Intermediary of INE (Shanghai International Energy Exchange) which means our clients get direct access to the China markets. Partner with Orient Futures Singapore and let us help you navigate into China’s Capital Markets.

 

The INE Copper Futures Contract is the latest contract China opened up for International participation. Certainly, that would be more coming as China continues to open up its markets to foreign investments. 

Do not miss out on the opportunities in the liberalisation of China’s Capital Markets. Contact us today.

To learn how to participate in the INE Copper Futures: Click here

For Contract Specifications and trading manual of the INE Copper Futures: Click here 

 

Do not miss out on the opportunities in the liberalisation of China’s Capital Markets. Contact us today.

 

Some interesting facts of Copper according to infographics presented by the Copper Development Association Inc., via Visual Capitalist.

OF-china-futures-ine-copper-futures-image-2
OF-china-futures-ine-copper-futures-image-3

The full infographics is presented by the Copper Development Association Inc., via Visual Capitalist here.

Sources

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/global-copper-market-in-supply-glut-in-2020-2021-8211-iwcc-58811137
http://www.ine.cn/en/products/bc/manual/manual/
https://www.visualcapitalist.com/visualizing-coppers-role-in-the-transition-to-clean-energy

Picture Credit :Courtesy of Visual Capitalist

Disclaimer

We, Orient Futures International (Singapore) Pte. Ltd. (“OFIS”) (UEN No. 201831776Z), hold a capital markets services licence (CMS100869) from the Monetary Authority of Singapore for dealing in capital market products such as futures/derivatives contracts, and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading, and is an Exempt Financial Adviser. For more information about OFIS, please check the MAS Financial Institutions Directory by clicking here.

All content, materials, information, data, statistics, features, research, documents or reports available on our website (including this article) which are financial in nature (the “Content”) are governed by our Terms of Use. By accessing, using or downloading any Content, you are deemed to have consented and agreed to the Terms of Use.

We distribute information/research (which may be prepared by us directly or produced by our foreign affiliated companies within the Orient Group of companies) pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. The information/research herein is prepared and distributed in Singapore and is intended for our clients who are Accredited Investors, Expert Investors or Institutional Investors only. If you are not an Accredited Investor, Expert Investor or Institutional Investor, you hereby acknowledge and agree that you are not the intended audience of all Content available on our website, and you undertake to immediately cease your access to any Content available on our website.

You agree to access and accept all Content available on our website on an “as-is” and “as available” basis. You agree that OFIS shall not have any responsibility or liability arising out of or in connection with, and you agree to waive the right to bring any claims or raise any complaints against OFIS in respect of any Content available on our website. OFIS shall also not be liable for any damage, loss or liability of any kind (whether actual, anticipated, consequential, special, economic or otherwise) caused as a result (direct or indirect) of the use of, or inability to access or use, the website, including but not limited to any damage, loss or liability suffered as a result of your reliance on the Content or our website.

OFIS does not make any representations, and hereby disclaim all warranties, express or implied, statutory or otherwise to the extent permitted by law, in respect of our website and all Content therein. To the fullest extent permissible, OFIS does not warrant and hereby disclaims any warranty as to the accuracy, correctness, completeness, reliability, timeliness, non-infringement, title, merchantability or fitness for any particular purpose of the Content.

All Content available on our website are general in nature and have been prepared without any consideration of your investment objectives, financial situations or needs. You should consider the appropriateness of any Content available on our website having regard to your personal circumstances before making any investment decisions. You should take into account your investment objectives and financial situation and seek advice from an independent financial advisor under a separate engagement if necessary.

Subscribe to our weekly newsletter to get the latest market news
Subscribe now!
Subscribe now!

Featured

Featured

3 reasons to Add Chinese A-shares to Your Portfolio

04 Nov 2024
Featured

The Impact of China’s Stimulus Measures on Commodities

19 Oct 2024
Corporate
About Us
Products
Insights
Who We Serve

Guoco Midtown, 128 Beach Road, #08-03, Singapore 189773 | Copyright © 2025. All Rights Reserved.
Orient Futures International (Singapore) Pte. Ltd. | A member of the Orient Group of Companies

Orient Futures International (Singapore) Pte. Ltd. (“OFIS”) (UEN No. 201831776Z), hold a capital markets services licence (CMS100869) from the Monetary Authority of Singapore for dealing in capital market products such as futures/derivatives contracts, and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading, and is an Exempt Financial Adviser. For more information about OFIS, please check the MAS Financial Institutions Directory by clicking here.

All content, materials, information, data, statistics, features, research, documents or reports available on OFIS’ website (the “Content”) are governed by the Terms of Use, which you are deemed to have consented and agreed to by accessing, using or downloading any Content. For more information on how OFIS handles your personal information, please refer to the Privacy Policy section in the Terms of Use.

You agree to access and accept all Content available on OFIS’ website on an “as-is” and “as available” basis. You agree that OFIS shall not have any responsibility or liability arising out of or in connection with, and you agree to waive the right to bring any claims or raise any complaints against OFIS in respect of any Content available on our website. OFIS shall also not be liable for any damage, loss or liability of any kind (whether actual, anticipated, consequential, special, economic or otherwise) caused as a result (direct or indirect) of the use of, or inability to access or use, the website, including but not limited to any damage, loss or liability suffered as a result of your reliance on the Content or our website.

All Content available on OFIS’ website are general in nature and have been prepared without any consideration of your investment objectives, financial situations or needs. You should consider the appropriateness of any Content available on our website having regard to your personal circumstances before making any investment decisions. You should take into account your investment objectives and financial situation and seek advice from an independent financial advisor under a separate engagement if necessary. For any Content on OFIS’ website which contains communications relating to investment products or financial services, the following disclaimer would apply: “This advertisement has not been reviewed by the Monetary Authority of Singapore.”

Marcus Goi Chin Poh

Managing Director and Chief Executive Officer
Orient Futures International (Singapore)

Marcus Goi is the Managing Director and CEO of Orient Futures International (Singapore) Pte Ltd (OFIS).

As CEO, Marcus drives OFIS’s global expansion with a disruptive approach, harnessing advanced technologies like Artificial Intelligence, Machine Learning, and Smart Data to transform brokerage services.

Before joining OFIS, Marcus was Head of Commercial and Global Sales at United Overseas Bank Bullion and Futures (“UOBBF”), where he played a key role in shaping brokerage business development and global sales strategies. A respected leader in the capital markets, he led the creation of UOB’s low-latency global trading network and solutions, which attracted a significant client base and high trading volumes.

With over two decades in the financial services and capital markets industry, Marcus is renowned for his expertise in exchange-traded derivatives, OTC clearing, and leveraged FX, and is recognized for his successful track record in driving industry innovation and transformation.