In March, Dalian Commodity Exchange (DCE) achieved a monthly volume of 68.94 million contracts and a turnover worth 3.26 trillion yuan, accounting for 54.3% and 43.87% in all of China's three commodity futures exchanges. The trading volume and turnover increased by 416.26% and 903.46% from a year ago. The open interest at the end of the month was 12.64% lower than last month to 2.16 million contracts. The total trading volume and turnover of the first quarter 2008 in DCE was 158.1 million contracts and 7.50 trillion yuan. The trading volume and turnover increased by240.25% and 607.71% from a year ago.
In March 2008, the trading of China's futures market as a whole kept steady growth, according to the latest statistics from China Futures Association. There is a relatively brisk market for rapeseed oil, cotton, corn, aluminum futures and so on. The total volume and turnover of this month increased 261.76% and 248.48% respectively from a year ago to 126.95 million contracts, worth 7.44 trillion yuan. The total trading volume and turnover of the national futures market in the first quarter were 269.42 million contracts?worth 18.6 trillion yuan, up 196.24% and 240.58% respectively from the pervious year.