Tian Feng, senior director of the Shanghai Futures Exchange's market department, recently attended the “Aluminum Futures Investment Promotion Conference in 2004†in Shenzhen. He pointed out that the aluminum futures market has achieved a breakthrough since the beginning of last year's recovery and the aluminum futures market has been falling for nine years. The development prospects are very broad. He said that since the beginning of 2004, aluminum futures trading has gradually become active, and its trading volume and positions have greatly increased. In the January-October period of this year, the transaction volume was 696,000 lots, and the total transaction volume was 7003.8 trillion yuan, which exceeded the total turnover in the past 11 years. He pointed out that in the past two years, the Aluminum Futures Exchange conducted a long-term and patient market cultivation work in the previous period. First, they visited major domestic large-scale aluminum production and processing companies and trained a batch of futures professionals. Second, they trained aluminum analysts of futures brokerage companies. Third, they introduced many policies and measures to actively trade, such as the establishment of off-site delivery. Library, lower transaction costs; fourth is to hold the previous Shanghai Aluminum analog trading contest, attracting a large number of investors.