According to industry insiders, the huge transaction of soybean meal futures in July and August of 20 1 1 added a lot of chips, and the two new varieties listed also performed equally, especially the listing of glass futures, which ranked among the top three in commodity futures trading. It is estimated that the total trading volume of domestic commodity futures will occupy the first place in the world.
According to the latest statistics of China Futures Association, the cumulative transactions in the national futures market in June were 1-1,299,038, 1 19 lots, and the cumulative transactions were calculated unilaterally1,5 19 lots. Among them, the cumulative turnover of Shanghai Futures Exchange was 325,626,877 lots, up by 15.49% year-on-year, accounting for 25.07% of the national market, while the cumulative turnover of Zhengzhou Commodity Exchange was 304,286,692 lots, down by 2 1.46% year-on-year, accounting for 23.42% of the national market, and Dalian Commodity Exchange accumulated.
20 1 1, 16 In the week of July, soybean meal futures traded 23.33 million lots a week, with a position of1980,000 lots, setting a new record in the futures market. However, with the stabilization of fundamentals, soybean meal futures gradually returned to normal and maintained a stable operation. Of the five contracts from 1207 to 130 1 * *, the volume of 1208 contract was enlarged to 1 1868000 lots in the process of futures price fluctuation, which set a record for single contract transaction and reduced the position/kloc.
In addition, the total turnover of glass futures in two days reached 6.5438+0.387 million lots, second only to soybean meal futures (6.5438+0.958 million lots) and rebar futures (6.5438+0.589 million lots). The second day after listing, it became the third largest trading product in the domestic futures market, which is rare for new products after listing. According to industry insiders, the ratio of total turnover (1.387 million lots) to total positions (1.72 million lots) reached 8.06 times, indicating that the liquidity of market funds is strong, and glass futures are expected to become one of the main varieties with large turnover in the domestic market in the future.
According to the data, in 2009, China futures market traded 210.6 billion lots (calculated bilaterally), with a turnover of about10.5 trillion yuan, up by 58.2% and 810.5% respectively. In that year, the total turnover of commodity futures jumped to the top in the world, accounting for 43% of the world. Traditional commodity futures products such as sugar, rebar, natural rubber, zinc and soybean meal rank in the top five among all futures products, accounting for 19%, 14%, 1%, 9% and 8% respectively, and the turnover of these five products accounts for/kloc of the whole market.
In fact, as early as 2008, China's agricultural futures trading volume has jumped to the top of the world's agricultural products. However, due to the lack of crude oil futures and steel futures, it still ranks second in the United States in the total turnover of commodity futures. Moreover, as the proportion of financial futures trading volume in the international futures market is close to 90%, the global ranking of the total trading volume of China futures market has been in a backward position for a long time. However, with the listing of stock index futures in China soon after the Spring Festival, the ranking of futures trading volume in that year has improved.
In 20 10, the trading volume of China futures market increased by more than 45%, reaching 152 1 100 million lots, accounting for 50.95% of the total trading volume of global commodity futures and options, ranking first in the world for two consecutive years.
However, at 20 1 1, the turnover of China futures market decreased by more than 30% compared with the same period of last year. The data shows that 20 1 1, the cumulative turnover in the national futures market is10.54 million lots, and the cumulative turnover is1375134.25 million yuan, down by 32.72% and1kloc-respectively.
The insiders believe that on the one hand, the global economic situation is relatively turbulent, the domestic economic structure is facing transformation, and the growth rate is slowing down. It is inevitable that the futures market will enter an adjustment period because of the falling volume and price.
On the other hand, in the fourth quarter of 20 10, the three major domestic commodity exchanges took measures such as canceling the preferential fee system, limiting the number of open positions, and increasing the margin ratio to curb excessive speculation, which also curbed the transaction scale.
In addition, the loose global monetary environment of 20 10 and the speculation of the gap between supply and demand of some commodities have boosted the volume and price of the futures market, resulting in a high base, and the year-on-year decline of 20 1 1 is also reasonable.