Tokyo Commodity Exchange today announced that February, 2011 trading volume averaged 118,023 contracts per day, down 2.1% from January, 2011.
The decrease was led by the gold contract, which is TOCOM’s most traded commodity. Volume was down 14.2% from the previous month to 45,694 contracts per day. The gold mini contract decreased 28.2% to 8,453 contracts per day. Trade in the Oil market was active, particularly toward the end ofthe month, due to the increased volatility of crude oil prices. The average trading volume of gasoline was up by 46.4%. Trading volume for rubber averaged over 24,000 contracts per day, up 26.5% from the previous month, and has doubled on a year over year basis due to significant price volatility.
At the end of February, open interest in all listed commodities totaled 370,075 contracts, a slight decrease of 8,083 contracts from the end of January, 2011.
Click here to download the monthly and annual trading data for all listed commodities.