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China's Futures Market Posts Robust Growth In H1

Steel News - Published on Tue, 23 Jul 2019

Image Source: The Denver Post
Xinhua reported that China's futures market reported robust growth in the first half of this year. Data from the China Futures Association showed that the total transaction of the futures markets across the country reached CNY 128.6 trillion (about 18.69 trillion US dollars) during the Jan to June period, up 33.79% YoY.

Futures deals expanded in June with last month's transaction rising 30.2% YoY to stand at 24.2 trillion yuan.

Steel rebar posted the highest trading volume at the Shanghai Futures Exchange last month, while the Zhengzhou and Dalian commodity exchanges were topped by pure terephthalic acid and iron ore, respectively.

China saw its first dry fruit futures product traded in H1 as the Zhengzhou Commodity Exchange started trading red dates contracts in late April.

The country's options market also launched several new varieties including natural rubber, cotton and corn options in H1.

Source :

Posted By : Ratan Singh on Tue, 23 Jul 2019
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