Wen Hui

China's futures market concluded 173 million contracts in April, with contractual value of RMB10.7 trillion, surging 60% and 85% year on year, and rising 16% and 39% month on month, respectively, according to statistics released by the China Futures Association. Of this, the market inked 307,000 contracts on newly-listed early non-glutinous rice in April, with contractual value of RMB6.29 billion.

To be specific, Shanghai Futures Exchange made 64.79 million contracts in April, with contractual value of RMB6.1 trillion, up 417% and 256% year on year, and up 29% and 53% month on month, respectively. The market positions totalled 1.72 million contracts at the end of the month, up 16% over the end of the previous month.

The Zhengzhou Commodity Exchange concluded 32.86 million contracts in April, valued at RMB1.2 trillion, down 24% and 26% year on year, and down 30% and 29% month on month. The market positions totalled 1.17 million contracts at the end of the month, down 6.7% from the end of the previous month.

The Dalian Commodity Exchange inked 75.09 million contracts in April, valued at RMB3.4 trillion, up 44% and 40% year on year, and up 45% and 66% month on month, respectively. The market positions totalled 1.56 million contracts at the end of the month, down 1.96%.

China's futures market inked a total of 539 million contracts in the first four months of this year, valued at RMB28.9 trillion, rising 33% and 18% year on year, respectively.