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China's futures transactions grow 66 pct y-o-y in Jan-Apr, association

BEIJING
2015-05-04 15:00

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China's futures market saw accumulated transactions of 1.112 billion lots in January-April of this year, up 65.97 percent year on year, with the combined transaction value growing 135.09 percent to 183.88 trillion yuan, according to statistics from China Futures Association.

Rebar contracts, traded on Shanghai Futures Exchange, accounted for 14.94 percent of all the transactions on China's futures market in the first four months, more than any other product. Methyl alcohol, following rebar, contributed 12.83 percent into the total futures transactions in January-April.

The Shanghai Shenzhen 300 index futures, accounting for 10.44 percent of the total transactions, ranked the third among all the futures varieties. Active transactions on stock index futures, chemical products, metals and agricultural products pulled up the overall futures trading volume in the past four months, said Wang Jun, senior analyst with Founder CIFCO Futures.

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