China's three commodity futures exchanges recorded a 29.6% and 50% rise in volume and underlying value respectively in April compared to a year ago.
Shanghai, Dalian and Zhengzhou exchanges saw a combined turnover of 33.7m contracts worth CNY1.73tr ($216.3bn) traded during the month, according to data from China Futures Industry Association.
Steve Ng, regional head of ABN Amro in Asia, told FO Week, "The high level of base metal prices has induced significant...