CCTV.com - CNTV English - CCTV News

China's futures transaction value rises to 56 trln yuan during Jan-May period

06-01-2011 13:50 BJT

BEIJING, June 1 (Xinhua) -- Trading in China's four commodity futures exchanges surged 22.58 percent year-on-year in the first five months of this year, the China Futures Association said on Wednesday.

The value of China's futures transactions rose to 56.6 trillion yuan (about 8.71 trillion U.S. dollars) in the Jan-May period.

In May alone, the volume of the futures transactions hit 93.81 million lots, and the transaction value gained 12.39 percent from one year earlier to 12.03 trillion yuan.

China has four futures exchanges, with agricultural commodities mainly traded on the Dalian and Zhengzhou commodity exchanges, while metals are mainly traded on the Shanghai Futures Exchange, and stock index futures contracts are traded on the China Financial Futures Exchange.

The transaction volume on the Zhengzhou Commodity Exchange in May climbed 11.12 percent to 43.66 million lots, pushing the value of transactions up 110.98 percent to 4.14 trillion yuan.

The Shanghai Futures Exchange saw its transaction volume in May drop 61.58 percent to 25.45 million lots and its transaction value was down 43.27 percent to 3.37 trillion yuan.

Transaction volume on the Dalian Commodity Exchange in May fell 15.82 percent to 21.29 million lots with the transaction value up 20.63 percent to 1.35 trillion yuan.

On the China Financial Futures Exchange, transaction volume and value hit 3.41 million lots and 3.17 trillion yuan last month, down 37.81 percent and 32.72 percent from one year earlier, respectively.

Editor:Wang Xiaomei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program