The Tokyo Commodity Exchange announced today that October 2017 average daily volume was 89,159 contracts, down 19.5% from September. Volume for agricultural products such as corn and soybeans increased 60.7%. This was offset by decreases for TOCOM’s largest contracts, such as Gold Standard, which declined 28.2% to 23,043 contracts and Gold Rolling Spot volume, which decreased 29.6% to 13,635 contracts. Dubai Crude Oil volume was down by 11.1% to 19,433 contracts. The deline is partly ascribed to the Chinese markets having been closed during the first week of October for the anniversary of the founding of the People's Republic of China.
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