DCE announced that it set four records today, it totally achieved 4,485,642 contracts, worth 238.48 billion yuan. Soybean oil futures totaled 736,664 contracts, worth 103.95 billion yuan.
Affected by upswing in international market and the high price of domestic physical goods, the price of futures continues to contribute strength. Although the government has continued to put corn up for auction, the trading is poor. Besides, there is rumor in the market that the state will put soybean oil up for auction and take measures of macro-regulation and control as well as the high price and poor trading in physical market, the price of futures products shows a setback. With different opinions, the market remains unstable lately with fairly high turnover and great price fluctuation.
