China’s Commodity Futures Turnover More Than Triples in November

Turnover on commodity exchanges in China, the biggest user of raw materials, more than tripled in November from a year earlier, the Dalian Commodity Exchange said on its website, citing data from the China Futures Association.

Contracts worth 44.27 trillion yuan ($6.67 trillion) were traded last month, an increase of 224.71 percent from a year ago, the bourse said. Volumes totaled 424.2 million contracts, up 80 percent from a year earlier, the exchange said.

To contact the reporter for this story: Feiwen Rong in Beijing at frong2@bloomberg.net

To contact the editor responsible for this story: Jim Poole at jpoole4@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.