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China’s Futures Market Sees Double-Digit Growth in January Trading Turnover

by Daisy

China’s futures market recorded robust growth in January, with total trading turnover surging 11.01% year-on-year to 48.87 trillion yuan ($6.81 trillion), according to data released Wednesday by the China Futures Association.

The trading volume edged up slightly, reaching 553 million lots, marking a modest 0.09% increase from the same period last year.

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Gold, silver, and crude oil led trading turnover at the Shanghai Futures Exchange, while caustic soda, rapeseed oil, and rapeseed meal dominated at the Zhengzhou Commodity Exchange. Meanwhile, palm oil, soybean meal, and soybean oil were the most traded at the Dalian Commodity Exchange, and industrial silicon, lithium carbonate, and polycrystalline silicon topped activity at the Guangzhou Futures Exchange.

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The association noted that January’s performance reflected a strong overall trend in the bulk commodity market, signaling continued investor interest and market stability.

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