May. 23, 2012 (China Knowledge) - China saw the value of its futures transactions fall 7.56% YoY to RMB 41.20 trillion in the first four months of this year, according to figures from the
China Securities Regulatory Commission.
The trading volume dropped 17.34% YoY to 263.09 million lots in the four-month period.
In April, the volume of futures transactions in China was 64.10 million lots, down 21.50% YoY, and futures trading value hit RMB 9.49 trillion, down 13.25% 12.39% YoY.
Currently, China has four futures exchanges, with agricultural commodities mainly traded on the
Dalian and
Zhengzhou commodity exchanges, metals mainly traded on the Shanghai Futures Exchange, and stock index futures contracts traded on the China Financial Futures Exchange.
From January to April, trading volume on the Shanghai Futures Exchange dropped 0.62% YoY to 82.05 million lots, with transaction value rising 14.06% YoY to RMB 12.83 trillion.
Zhengzhou Commodity Exchange saw its trading volume plunge 57.08% YoY to 59.44 million lots and its transaction value fall 75.80% YoY to RMB 3.35 trillion in the first four months.
The
Dalian Commodity Exchange recorded a 15.51% rise in trading volume, which stood at 95.06 million lots in the period, and its transaction value declined 7.37% YoY, reaching RMB 4.76 trillion.
China Financial Futures Exchange's transaction volume soared 77.97% YoY to 26.54 million lots, and its trading value jumped 41.34% to RMB 20.26 trillion.