China's three futures exchanges saw the combined number of transactions and turnover spike 164% and 305% to 237 million and ¥17.14 trillion ($1 = ¥6.83) in January compared to 12 months ago, the China Futures Association said Monday. The total value broke down to ¥8.93 trillion, ¥4.58 trillion and ¥3.63 trillion for the Shanghai, Zhengzhou and Dalian bourses, up 274%, 639% and 197% year-on-year respectively. Sugar, copper and rubber emerged as the most traded items, with ¥3.4 trillion, ¥2.65 trillion and ¥2.61 trillion in turnover respectively. The total turnover for 2009 soared 81% to ¥130 trillion.


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