Published On: Sun, Jan 9th, 2011

DCE December 2010 Statistics

Total trading volume at the Dalian Commodity Exchange, China’s leading agricultural and plastics exchange, for the month of December was 63,048,082 contracts, a decrease of 39.29% compared to December 2009. Average daily volume for this period was 2.74 million contracts. Trading turnover totaled CNY 4.040 trillion, a decrease of 22% compared to December 2009. Trading volume for the 2010 reached 806.33 million contracts, just 3.27% shy of 2009’s total trading volume.

Trading volumes were down across the board compared to last month. Various government initiatives to rein in commodity prices and curb speculation, combined with increased trading margins and fees across all of China’s futures exchanges brought volumes down significantly. Total trading volume was down 58% compared with last month.

Open interest for all DCE products at the end of December was 2,979,798 contracts, a decrease of 7.81% compared to last month.

According to statistics from the China Futures Association, total December trading volume in China’s futures market was 213.8 million contracts, a decrease of 22.13% compared to December 2009 and down over last month. Total trading turnover was CNY 44.268 trillion, an increase of 224.71% over November 2009 and 49.5% from last month.

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