Core Viewpoint - The latest statistics from the China Futures Association indicate significant growth in the national futures market, with December showing a year-on-year increase in trading volume and value, highlighting a robust market performance in 2023 [1] Group 1: Market Performance - In December, the national futures market recorded a trading volume of 951 million contracts and a trading value of 90.81 trillion yuan, representing year-on-year increases of 45.17% and 58.55% respectively [1] - For the entire year of 2023, the cumulative trading volume reached 9.074 billion contracts, with a total trading value of 766.25 trillion yuan, reflecting year-on-year growth of 17.4% and 23.74% [1] Group 2: Leading Products by Exchange - The top three products by trading value in December were silver, gold, and copper on the Shanghai Futures Exchange; PTA, caustic soda, and glass on the Zhengzhou Commodity Exchange; coking coal, palm oil, and soybean meal on the Dalian Commodity Exchange; and lithium carbonate, polysilicon, and platinum futures on the Guangzhou Futures Exchange [1] - By trading volume, the leading products were silver, rebar, and silver options on the Shanghai Futures Exchange; glass, PTA, and methanol on the Zhengzhou Commodity Exchange; soybean meal, PVC, and coking coal on the Dalian Commodity Exchange; and lithium carbonate futures, lithium carbonate options, and industrial silicon futures on the Guangzhou Futures Exchange [1] Group 3: Financial Futures Market - The China Financial Futures Exchange reported a trading volume of 27.427 million contracts for financial futures options, accounting for 2.88% of the national market, with a trading value of 23.87 trillion yuan, representing 26.29% of the national market [1] - The top three products by trading value in the financial futures market were the CSI 1000 index futures, CSI 500 index futures, and 30-year treasury bond futures [1] Group 4: Futures Options Listings - As of December 2025, a total of 164 futures options products will be listed in China, indicating ongoing expansion in the futures options market [1]

Core Insights - The Chinese futures market has seen significant growth in trading volume and value in the first three quarters of 2023, with a total trading volume of 6.744 billion contracts and a trading value of 54.762 trillion yuan, representing year-on-year increases of 18.29% and 24.11% respectively [1][2] Group 1: Financial Futures - The financial futures sector experienced a notable increase, with trading volume and value rising by 31.8% and 53% year-on-year, indicating active participation from various financial institutions and investors utilizing stock index futures, stock index options, and government bond futures for investment and hedging [1] Group 2: Commodity Futures - In the commodity futures segment, trading volume for non-ferrous metals and new energy metals increased by 57% and 10.8% respectively, driven by the "anti-involution" policy which boosted trading activity in lithium carbonate, polysilicon, industrial silicon, and other non-ferrous metal products [1] - The precious metals sector saw a 44% year-on-year increase in trading value for futures and options, spurred by record-high prices for gold and silver futures, attracting participation from individual investors, institutional investors, and the physical industry chain [1] Group 3: Energy and Chemical Sectors - The energy and chemical sectors experienced robust trading activity, with trading volume increasing by 67.6% and 25.3% year-on-year, and trading value rising by 28.5% and 16% respectively, reflecting active engagement from various enterprises in the energy and chemical industries utilizing diverse hedging tools [2] - The black metal and building materials sector also benefited from the "anti-involution" policy, with trading volume increasing by nearly 20% in the first nine months of the year [2] Group 4: Market Outlook - A decline in trading volume is anticipated for October due to fewer trading days and increased volatility in overseas futures markets affecting the domestic market; however, trading value is expected to continue its upward trend, primarily driven by rising gold and silver prices [2]

Group 1 - The core viewpoint of the news highlights the significant growth in China's futures market, with June's trading volume reaching 740 million contracts and a trading value of 5.279 trillion yuan, marking year-on-year increases of 28.91% and 17.25% respectively [1] - For the first half of 2023, the cumulative trading volume in the futures market was 4.076 billion contracts, with a total trading value of 33.973 trillion yuan, reflecting year-on-year growth of 17.82% and 20.68% [1] - The top three futures products by trading value include gold, crude oil, and silver from the Shanghai Futures Exchange, while the Zhengzhou Commodity Exchange leads with canola oil, PTA, and methanol [1] Group 2 - The financial futures options trading volume at the China Financial Futures Exchange reached 18.379 million contracts, accounting for 2.49% of the national market, with a trading value of 1.494 trillion yuan, representing 28.29% of the national market [1] - As of June 2025, there will be a total of 148 listed futures and options products in China [2]

Group 1 - The core viewpoint of the article highlights significant growth in China's futures market, with June's trading volume and turnover showing substantial year-on-year increases [1] - In June, the national futures market recorded a trading volume of 739,579,418 contracts and a turnover of 52,793.414 billion yuan, representing year-on-year growth of 28.91% and 17.25% respectively [1] - For the first half of the year, the cumulative trading volume reached 4,076,413,725 contracts and a cumulative turnover of 3,397,278.36 billion yuan, with year-on-year increases of 17.82% and 20.68% respectively [1]

Core Insights - The Chinese futures market experienced significant growth in April, with a total trading volume of 808.59 million contracts and a trading value of 70.18 trillion yuan, marking year-on-year increases of 21.49% and 23.69% respectively [1] - Cumulatively, from January to April, the trading volume reached 2.66 billion contracts and the trading value was 232.20 trillion yuan, reflecting year-on-year growth of 22.19% and 28.36% [1] Group 1: Shanghai Futures Exchange - In April, the Shanghai Futures Exchange recorded a trading volume of 232.01 million contracts and a trading value of 289.93 trillion yuan, accounting for 28.69% and 41.31% of the national market respectively, with year-on-year increases of 8.97% and 26.88% [1] - From January to April, the cumulative trading volume was 725.50 million contracts and the trading value was 771.96 trillion yuan, representing year-on-year growth of 21.08% and 42.78% [1] Group 2: Other Exchanges - The Shanghai International Energy Exchange had a trading volume of 17.43 million contracts and a trading value of 31.60 trillion yuan in April, with year-on-year increases of 64.35% and 20.45% [2] - The Zhengzhou Commodity Exchange reported a trading volume of 262.74 million contracts and a trading value of 75.44 trillion yuan in April, with year-on-year increases of 18.58% and a decrease in trading value of 4.51% [2] - The Dalian Commodity Exchange's trading volume was 254.40 million contracts and the trading value was 94.83 trillion yuan in April, with year-on-year increases of 34.79% and 6.93% [3] - The China Financial Futures Exchange recorded a trading volume of 25.08 million contracts and a trading value of 202.07 trillion yuan in April, with year-on-year increases of 33.58% and 47.9% [3] - The Guangzhou Futures Exchange had a trading volume of 16.93 million contracts and a trading value of 7.91 trillion yuan in April, with year-on-year increases of 30.5% and a decrease in trading value of 4.82% [4] Group 3: Market Composition - The top three products by trading value in the futures market include gold, silver, and copper from the Shanghai Futures Exchange, while the Zhengzhou Commodity Exchange leads with rapeseed oil, glass, and PTA [4] - By trading volume, the leading products include rebar, silver, and fuel oil from the Shanghai Futures Exchange, with glass, PTA, and soda ash from the Zhengzhou Commodity Exchange [4] - As of April 2025, there are a total of 146 listed futures and options products in China [5]