According to the latest statistics from China Futures Association, the performance of the national futures market in general was encouraging and stable, and some futures contracts for soybean meal, white sugar, corn, etc. appeared brisk. For China's futures market as a whole, in August, the total volume and turnover increased 147.68% and 143.03% respectively from a year ago to 80.7 million contracts, worth 4.05 trillion yuan, and was 42.17% and 10.32% upper than July respectively. The total trading volume and the turnover from January to August were 370.3 million contracts and 22.2 trillion yuan, up 33.41% and 63.92% respectively from last year.
Dalian Commodity Exchange (DCE) achieved a trading volume of 44.45 million contracts and a turnover worth 1.34 trillion yuan, accounting for 55.06% and 33.23% in all of China's three commodity futures exchanges. The trading volume increased by 206.28% from a year ago and 60.3% than July respectively, while the turnover was 381.05% higher compared to August 2006 and increased by 58.57% from July respectively. The open interest at the end of the month was 8.18% higher than last month to 2.23 million contracts. The total trading volume and the turnover from January to August on DCE was 174.2 million contracts and 5.0 trillion yuan, 7.65% and 39.57% higher than the same period last year respectively.
