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Powered by the brisk trading of soybean and related futures, the Dalian Commodity Exchange on July 12 achieved a turnover of 55.1 billion yuan, the highest in daily turnover this year. Remarkably, it was also a second successive day that the DCE's daily turnover exceeded 50 billion yuan. The previous record this year was on June 27, and contacts worth 49.2 billion changed hands on that day.
It has been an active week for the trading in soybean-related futures with prices of soybeans, soybean meal and soybean oil all surged. The DCE's turnover rose to 53.3 billion yuan on Wednesday July 11, the first time this year for a daily turnover to exceed 50 billion yuan, supported by 47.3 billion yuan in soybean-related futures.
