July's total turnover in China's futures market was up 44.63 percent year-on-year, the Shanghai Securities News reported Wednesday.

The futures turnover reached 1.7866 trillion yuan (US$223.25 billion) in July, the newspaper said, citing the latest figures from the China Futures Association.

Turnover in China's futures market exceeded 11.88 trillion yuan(US$1.485 trillion) in the first seven months of this year, up 57.01 percent over the same period last year.

The fastest futures trading growth came from corn, aluminum, beans and rubber, according to the association.

Total turnover on the Shanghai Futures Exchange accounted for 65.95 percent of the nation's total, up 101.81 percent year-on-year.

Total turnover on the Dalian Futures Exchange accounted for 19.42 percent of the nation's total, down 22.94 percent year-on-year.

Total turnover on the Zhengzhou Futures Exchange accounted for 14.63 percent of the nation's total, up 29.87 percent year-on-year.
 
(Xinhua News Agency August 2, 2006)