Group 1 - The core viewpoint of the news highlights significant growth in China's futures market, with January's trading volume reaching 912 million contracts and a trading value of 100.26 trillion yuan, representing year-on-year increases of 65.09% and 105.14% respectively [1] - The top three futures products by trading value on various exchanges include silver, gold, and copper on the Shanghai Futures Exchange; PTA, cotton, and caustic soda on the Zhengzhou Commodity Exchange; coking coal, palm oil, and polyvinyl chloride on the Dalian Commodity Exchange; and lithium carbonate, platinum, and industrial silicon on the Guangzhou Futures Exchange [1] - In terms of trading volume, the leading products are silver, nickel, and fuel oil on the Shanghai Futures Exchange; PTA, glass, and methanol on the Zhengzhou Commodity Exchange; polyvinyl chloride, soybean meal, and coking coal on the Dalian Commodity Exchange; and lithium carbonate, lithium carbonate options, and industrial silicon on the Guangzhou Futures Exchange [1] - The China Financial Futures Exchange reported a trading volume of 30.05 million contracts for financial futures options, accounting for 3.29% of the national market, with a trading value of 26.35 trillion yuan, representing 26.28% of the national market [1] - The top three products by trading value in financial futures are the CSI 1000 index futures, CSI 500 index futures, and CSI 300 index futures [1] Group 2 - As of the end of January 2026, there are a total of 165 listed futures options products in China [2]

Group 1 - The core viewpoint of the news highlights significant growth in China's futures market, with trading volume reaching 912 million contracts and trading value at 100.26 trillion yuan in January, representing year-on-year increases of 65.09% and 105.14% respectively [1] Group 2 - The top three commodity futures by trading value are silver, gold, and copper from the Shanghai Futures Exchange; PTA, cotton, and caustic soda from the Zhengzhou Commodity Exchange; coking coal, palm oil, and polyvinyl chloride from the Dalian Commodity Exchange; and lithium carbonate, platinum, and industrial silicon from the Guangzhou Futures Exchange [1] - The top three commodity futures by trading volume include silver, nickel, and fuel oil from the Shanghai Futures Exchange; PTA, glass, and methanol from the Zhengzhou Commodity Exchange; polyvinyl chloride, soybean meal, and coking coal from the Dalian Commodity Exchange; and lithium carbonate, lithium carbonate options, and industrial silicon from the Guangzhou Futures Exchange [1] Group 3 - The China Financial Futures Exchange reported a trading volume of 30.05 million contracts for financial futures options, accounting for 3.29% of the national market, with a trading value of 26.35 trillion yuan, representing 26.28% of the national market [1] - The top three financial futures by trading value are the CSI 1000 index futures, CSI 500 index futures, and CSI 300 index futures [1] Group 4 - As of the end of January 2026, there are a total of 165 listed futures options in China [2]

Core Insights - The latest statistics from the China Futures Association indicate that the national futures market's trading volume reached 770 million contracts in November, with a trading value of 66.61 trillion yuan, representing year-on-year increases of 13.54% and 7.11% respectively [1] - From January to November, the cumulative trading volume of the national futures market was 8.117 billion contracts, with a cumulative trading value of 675.45 trillion yuan, showing year-on-year growth of 14.74% and 20.19% respectively [1] Trading Volume and Value by Exchange - The top three futures products by trading value are: - Shanghai Futures Exchange: Gold, Silver, Copper - Zhengzhou Commodity Exchange: Glass, Soda Ash, Methanol - Dalian Commodity Exchange: Coking Coal, Palm Oil, Soybean Meal - Guangzhou Futures Exchange: Lithium Carbonate, Polysilicon, Industrial Silicon [1] - The top three futures products by trading volume are: - Shanghai Futures Exchange: Silver, Rebar, Fuel Oil - Zhengzhou Commodity Exchange: Glass, Soda Ash, Methanol - Dalian Commodity Exchange: Soybean Meal, Coking Coal, Polyvinyl Chloride - Guangzhou Futures Exchange: Lithium Carbonate, Lithium Carbonate Options, Industrial Silicon [1] Financial Futures and Options - The trading volume of financial futures options at the China Financial Futures Exchange was 25.7652 million contracts, accounting for 3.35% of the national market; the trading value was 22.24 trillion yuan, representing 33.39% of the national market [1] - The top three products by trading value in financial futures are: CSI 1000 Index Futures, CSI 500 Index Futures, and CSI 300 Index Futures [1] Futures Options Listing - As of November 2025, there are a total of 164 listed futures options products in China [2]

Group 1 - In August, the national futures market in China recorded a trading volume of 839 million contracts and a trading value of 6.508 trillion yuan, representing year-on-year increases of 13.98% and 21.38% respectively [1] - From January to August, the cumulative trading volume reached 5.974 billion contracts and the cumulative trading value was 47.612 trillion yuan, with year-on-year growth of 21.74% and 22.85% respectively [1] - The top three futures products by trading value were gold, silver, and crude oil from the Shanghai Futures Exchange, while the top three by trading volume included rebar, hot-rolled coil, and fuel oil [1] Group 2 - The China Financial Futures Exchange reported a trading volume of 30.648 million contracts for financial futures options, accounting for 3.65% of the national market, with a trading value of 25.76 trillion yuan, representing 39.58% of the national market [2] - The top three products by trading value in the financial futures options market were the CSI 1000 index futures, 30-year treasury bond futures, and CSI 300 index futures [2] - As of August 2025, a total of 152 futures options products have been listed in China [2]