Tokyo’s Commodity Exchange June 2012 Volume Averaged 96,725 Contracts per Day

The Tokyo Commodity Exchange (TOCOM) announced that June 2012 trading volume averaged 96,725 contracts per day, down 7.2% from May

The Tokyo Commodity Exchange (TOCOM) announced that June 2012 trading volume averaged 96,725 contracts per day, down 7.2% from May 2012.

The leading contracts at TOCOM saw month-over-month declines that outweighed increases in energy contracts and led to an overall decrease in volume; Gold Standard was down 12.1% to 42,588 contracts, Gold Mini was down 14.3% to 12,329 contracts and Rubber was down 9.3% to 8,965 contracts, while Crude Oil was up 6% to 5,457 contracts and Kerosene was up 14.3% to 3,043 contracts.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Suggested articles

Crypto Daily Sponsors Singapore’s 2019 Run for Light EventGo to article >>

The TOCOM Gold Futures contract (Aug 2012) is trading at  JPY 4,121

Persisting fears related to the euro-zone crisis and the global economic downturn discouraged market participants from making aggressive transactions and avoid risks related market volatility. Under such circumstances, price volatility fell, which may have slowed trading.

Open interest at the end of June for all listed contracts totaled 327,039, a decrease of 13,580 (3.99%) from the prior month.

Got a news tip? Let Us Know