Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
Gate MCP
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Shanghai Metal Market: Shanghai Aluminum Range Declines, Downstream Sentiment Slightly Improves
Today, Shanghai Metals Market’s spot A00 aluminum ingots are quoted at 24,760–24,800 yuan/ton, with an average price of 24,780 yuan/ton, up 10 yuan/ton from the previous trading day. Meanwhile, the 2605 contract is quoted at a discount of 160–120 yuan/ton. Although the Middle East situation has eased somewhat, the process remains uneven. The upward trend in aluminum prices has temporarily slowed, but the downside room is also relatively limited. In the early trading session, the main Shanghai aluminum contract traded in a range; by the midday close, it ended down 105 yuan/ton, a decline of 0.42%. With the holiday approaching and aluminum prices pulling back from high levels, downstream buyers’ receiving sentiment improved slightly. During the session, sellers’ quotes versus the market’s average were reported as +0. In East China, aluminum ingots versus the 05 contract were maintained at around -140 (discount of about -140). (SHMET)