Latest News:  
Beijing   Light to moderate rain/Light rain    13 / 8 ℃  City Forecast

English>>China Business

China's futures market turnover rises 19 pct


08:30, November 05, 2012

BEIJING, Nov. 4 (Xinhua) -- The turnover of China's futures market hit 134.74 trillion yuan (21.39 trillion U.S. dollars) during the first 10 months of 2012, a year-on-year increase of 18.84 percent, latest data has indicated.

More than 1.15 billion transactions took place on the country's futures market Jan.-Oct., up 32.51 percent from the previous year's equivalent period, according to a China Futures Association statement issued on Saturday.

In October, turnover rose 41.87 percent year on year to 15.16 trillion yuan, up 41.87 percent year on year, the statement said.

The Shanghai Futures Exchange, one of China's four major futures markets, saw turnover fall 24.69 percent year on year to 3.64 trillion yuan in October.

Established in 1999, the Shanghai market deals in commodities such as copper, aluminum, rubber and fuel oil.

The turnover of the Zhengzhou Commodity Exchange, which specializes in agricultural and chemical products futures, slid 3.06 percent year on year to 1.25 trillion yuan last month.

However, the Dalian Commodity Exchange, the nation's largest futures market for agricultural goods, saw its transaction value surge 177.11 percent year on year in October, the statement said.

The China Financial Futures Exchange, which specializes in financial derivatives, saw turnover more than double to reach 6.23 trillion yuan.

Recommended Features:
[Special]'Made in China' Revisited From 'Made in China' to 'Created in China' A Journey to Cultural Renaissance
The Vision of A Pillar Industry China: A Fast-growing Force in IPR IPR in China: Local Roots Bearing Global Fruits
IPR in China: Causes for the Thriving Cause Cultural Industry: Commercializing Kung Fu Unlocking the Goldmine of China's Sports


Leave your comment0 comments

  1. Name


Selections for you

  1. China's stealth fighter concept model

  2. PLA Macao Garrison finishes 13th rotation

  3. Unforgettable moments in Nov. (III)

  4. Flight test of unmanned aircrafts conducted

  5. First inter-blood-type liver transplant in China

  6. Harbin Autumn Automobile Exhibition

  7. Embroider best wishes on insoles in Shanxi

  8. China's rich people will reach to 280 million

Most Popular


  1. Commentary: Hot money needs cooling
  2. Smart solutions for better city, better life
  3. China remains an 'engine' in global economy
  4. M&A of listed companies gaining steam
  5. Is 'culture' inferior to 'commercialization'?
  6. Chinese liquor makers "sober up" over bans
  7. Strength of Chinese culture lies in understanding
  8. Securing China's e-commerce growth
  9. Hammered ore prices threaten Chinese iron miners
  10. CNN Beijing chief: China's challenges, opportunities

What’s happening in China

Landmark building should respect the public's feeling

  1. First inter-blood-type liver transplant in China
  2. HIV patient to sue hospital over cancer op refusal
  3. Test in intelligent vehicle for food detection
  4. Smart card, dumb refund rules
  5. Beijing seeks investment for tourism