Date: September 3, 2012
Source: Futures Daily

　　According to latest statistics from China Futures Association (CFA), as many as 853,397,047 contracts of futures were traded between January and August, increased by 25.72% year on year and bringing the total turnover to RMB101.551006 trillion, up 12.78% compared with the same period of last year. Analysts said that the turnover exceeded RMB100 trillion one month earlier than last year, which is the result of the decline of transaction costs and the introduction of new products.
　　According to CFA, the national futures transaction decreased in August. On a unilateral basis, the transaction volume in August was 174,674,822 contracts and the turnover was RMB16.028043 trillion, up by 70.54% and 26.84% year on year, but down by 5.50% and 7.48% compared with July.
　　Statistics showed Shanghai Futures Exchange (SHFE) traded 33,487,381 contracts in August with a turnover of RMB4.014655 trillion, accounting for 19.17% and 25.05% respectively of the national market, a year on year growth of 32.12% and 3.83%, respectively; the trading volume rose by 19.24%, but the turnover dipped by 1.64%, both on the monthly basis. The open interest in August on SHFE was 1,622,885 contracts, up by 20.96% from July.
　　Zhengzhou Commodity Exchange (ZCE) traded 48,279,177 contracts in August with a turnover of RMB2.332944 trillion, accounting for 27.64% and 14.56% respectively of the national market, a year on year growth of 7.82% and decrease of 26.37% respectively; on the monthly basis, the trading volume and turnover grew by 14.30% and 11.89% respectively. The open interest in August on ZCE was 1,458,006 contracts, dipping by 3.07 % than July.
　　Dalian Commodity Exchange (DCE) traded 84,880,144 contracts in August with a turnover of RMB4.070163 trillion, accounting for 48.59% and 25.39% respectively of the national market, a year on year growth of 206.39% and 145.38%, respectively; but falling by 19.65% and 13.19% respectively on a month on month basis. The open interest in August on DCE was 3,136,274 contracts, up by 9.27% from July.
　　China Financial Futures Exchange (CFFEX) traded 8,028,120 contracts in August with a turnover of RMB5.610281 trillion, accounting for 4.60% and 35.00% respectively of the national market, a year on year growth of 74.80% and 42.30%, respectively; but falling by 9.68% and 13.27% respectively on a month on month basis. The open interset in August on CFFEx was 92,676 contracts, growing by 3.63% than July.