SHANGHAI--The volume of China's commodities futures trade fell 4.5% on year to 35.09 million lots in March, the China Futures Association said Monday.
Trading volume on the Dalian Commodity Exchange, which trades soybean, soymeal, soyoil and corn futures, fell 39% to 13.35 million lots, or 38% of the total trading volume.
Trade of non-genetically modified soybean futures, or No. 1 soybean futures, rose 88% to 2.67 million lots, while trading volume of corn, soymeal, soyoil, and GMO soybeans, also known as No. 2 soybean futures, all fell versus a year ago.
One lot is equivalent to 10 metric tons on the Dalian Commodity Exchange.
On the Shanghai Futures Exchange, where copper, aluminum, zinc, natural rubber and fuel oil futures are traded, turnover rose 32% to 12.65 million lots.
One lot equals five tons on the SHFE, except for fuel oil futures, where one lot equals 10 tons.
Natural rubber futures continued to be the most actively traded product on the exchange, with volume up 94% at 7.75 million lots.
Turnover for copper gained 79% to 1.93 million lots, while that for aluminum and fuel oil futures fell.
The exchange started to trade zinc futures March 26.
Trading volume on the Zhengzhou Commodity Exchange rose 71% to 9.09 million lots, due to active trade in wheat futures, for which turnover nearly quadrupled on year to 5.11 million lots.
Cotton, sugar, and purified terephthalic acid futures, or PTA futures, are also traded on the exchange.
One lot equals 10 tons on the Zhengzhou Commodity Exchange, except for cotton futures, where one lot is equivalent to five tons.
The association didn't provide reasons for the changes.
豫公网安备41010502003434号