Trade volume on Shanghai Futures Exchange hits record high

Trade volume on the Shanghai Futures Exchange hit a record high of 9.52 trillion yuan (1.18 trillion U.S. dollars) in the first nine months, up 98.96 percent over the same period of last year.

Natural rubber and copper headed the list of goods traded on the exchange, with 3.9 trillion yuan (0.49 trillion U.S. dollars) and 2.77 trillion yuan (0.35 trillion U.S. dollars) respectively.

Market statistics show that trade volumes of aluminium and natural rubber surged faster than other goods in the market. Aluminium hit 2.12 trillion yuan (0.27 trillion U.S. dollars), up a spectacular 974.92 percent year on year.

At the end of September, gross volumes of copper, aluminium, natural rubber and fuel oil had reached 408,194 hands, up 48.60 percent on the same period of last year.

Source: Xinhua