In July, agricultural futures registered a new historical record, the second consecutive mark, placing itself as the best month of 2011 and of ROFEX´s history.
The Market reached the monthly trading record with a volume of 1,112,430 tonnes in its agricultural division, surpassing by 8.45 per cent the previous record registered in June 2011.
This record was driven by Soybean futures trading, which reached 1,030,140 tonnes in its three modalities: Futures with delivery on Soybean for crushing, Futures with delivery under Chamber Condition and Rosafe Soybean Index. This record feeds on the volume of many brokerage firms of Rosario, which in the last year have turned to futures trading.
Year-to-date, agricultural trading volume has reached 5,823,270 tonnes, surpassing 80 per cent of the total volume traded in 2010. With these numbers, ROFEX gets closer to its annual objective of surpassing 10 million tonnes.