# Shanghai Futures Exchange
Latest news and articles about Shanghai Futures Exchange
Total: 2 articles found
Chinese Commodity Futures Slide as Shanghai Silver Plunges Nearly 15%
China’s commodity futures closed mostly lower, with Shanghai silver plunging about 15% and several industrial metals dropping sharply. Energy contracts were mixed, with LPG and fuel oil rising modestly while crude oil broadly held small gains. The moves highlight volatile, leverage-sensitive market dynamics that could strain producers and prompt regulatory scrutiny.
China’s Only Silver Futures Fund Plunges 31.5% in One Day as Retail Arbitrage Unravels
Guotou-UBS’s silver LOF plunged 31.5% in a single day after the manager revalued domestic Shanghai silver futures positions by reference to international prices, creating a rush of limit-down selling and exposing a socially-driven retail arbitrage bubble. The fund — China’s only public vehicle tracking silver futures — faces possible further limit-down sessions as investors try to escape a crowded position.