Dalian Commodity Exchange Sets New Records

Dalian Commodity Exchange(DCE) announced on 18 January that it set turnover and volume record for No.1 soybeans. The trading volume for No.1 soybeans reached 1.497 million contracts worth 64.3 billion yuan, 90,000 contracts and 3.3 billion yuan higher than the previous records respectively. For soybean oil, 615,458 contracts have been traded today worth 67.01 billion, 240 thousand contract and 37.5 billion yuan higher than the previous records respectively. Today the trading volume reached 3.66 million contract worth 179.7 billion yuan,25.3 billion yuan higher than the previous record (set on January 16, 2008). The trading volume for soybean oil today is only 70,000 contracts less than the record (3.73 million contracts) set on September 4, 2007.