According to China Futures Industry Association's statistics, in November, the turnover of Dalian Commodity Exchange (DCE) reached 1.79 trillion yuan, with a contract volume of 50.65 million lots, accounting for 32.36% and 37.47% of the national market respectively, a year-on-year decrease of 15.70% and 14.81% respectively, and with 20.79% and -24.80% ring growth respectively. The aggregate contracts volume during January and November 2008 was 0.58 billion contracts, with an aggregate turnover of 25.53 trillion yuan, a year-on-year increase of 79.18% and 151.18% respectively. The total open interest was 1.53 million contracts at the end of this month, a 16.24 percent growth over last month.
China's futures market runs smoothly though the trading volume decreased slightly in November, where 0.135 billion contracts concluded with a turnover of 5.52 trillion yuan, a year-on-year growth of 21.96% and-7.35% respectively, and with 11.5% and 8.89% ring growth respectively. During January and November, the national aggregate contracts volume reached 1.208 billion contracts, and the turnover was 65.69 trillion yuan, a year-on-year growth of 88% and 83.79% respectively.
