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05 January 2010 at 12:15 IST
China futures trade value soars in 2009
BEIJING (Commodity Online) : China Futures Association said country’s futures trading value soared 81.5% year on year to 130.51 trillion yuan last year.
In a statement issued here, Association said, trading value on China's top three futures exchanges, Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange increased.
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Total trade value on Shanghai Futures Exchange touched 73.76 trillion yuan last year while that of Dalian Commodity Exchange and Zhengzhou Commodity Exchange were at 37.64 trillion yuan and 19.11 trillion yuan respectively, accounting for 56.52%, 28.84% and 14.64% of the country's total, the statement added.
The combined trading volume of the three exchanges increased 58.14% year on year to 2.16 billion lots this year.
The three futures that recorded the largest trading value were copper, natural rubber and soybean oil, followed by deformed steel bars, white sugar, soybean meal, palm oil and zinc.
The trading value of copper futures accounted for about 25% of the country's total and the combined trading value of copper, natural rubber and soybean oil futures was 61.93 trillion yuan.
NCDEX RAPEMUSTARDSEEDJUN12 20 June 2012
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