Trading Volume on China’s Futures Markets Rises 51.62% in First Four Months of 2020

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The first four months of 2020 saw a sharp rise in trading on Chinese futures markets amidst efforts by the government to clamp down on the spread of COVID-19.

Figures from the China Futures Association (中国期货业协会) (CFA) on 6 May indicate that during the period from January to April China’s future markets saw a total of 1.62124 billion transactions, for a rise of 51.62% compared to the same period last year.

Total transaction value was 106.84 trillion yuan, for a YoY rise of 34.70%.

CFA data further indicates that the Shanghai Futures Exchange saw a total of 580.67 million transactions with a total transaction value of 29.86 trillion yuan, for YoY gains of 46.99% and 17.98% respectively.

The Shanghai International Energy Exchange saw 11.05 million transactions with a total value of 3.20 trillion yuan, for declines of 18.40% and 46.47% respectively.

The Zhengzhou Commodities Exchange saw 372.58 million transactions with a total value of 12.58 trillion yuan, for growth of 17.21% and 9.72% respectively.

The Dalian Commodities Exchange saw 622.49 million transactions with a total value of 27.21 trillion yuan, for YoY growth of 92.55% and 62.38% respectively.

The China Financial Securities Exchange saw a total of 34.45 million transactions with a total value of 33.98 trillion yuan, for YoY growth of 76.67% and 71.64% respectively.

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