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China's futures market posts robust growth in H1

2019-07-21 18:55

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BEIJING, July 21 (Xinhua) -- China's futures market reported robust growth in the first half of this year, industrial data showed.

The total transaction of the futures markets across the country reached 128.6 trillion yuan (about 18.69 trillion U.S. dollars) during the Jan.-June period, up 33.79 percent year on year, data from the China Futures Association showed.

Futures deals expanded in June with last month's transaction rising 30.2 percent year on year to stand at 24.2 trillion yuan.

Steel rebar posted the highest trading volume at the Shanghai Futures Exchange last month, while the Zhengzhou and Dalian commodity exchanges were topped by pure terephthalic acid and iron ore, respectively.

China saw its first dry fruit futures product traded in H1 as the Zhengzhou Commodity Exchange started trading red dates contracts in late April.

The country's options market also launched several new varieties including natural rubber, cotton and corn options in H1.

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