Bloomberg News

China's Commodity Futures Exchanges Cuts Commissions

April 27, 2012

China’s three commodity futures exchanges lowered trading commissions for all products effective June 1, according to statements posted on the bourses’ websites.

The Shanghai Futures Exchange cut fees for trading copper futures to 0.008 percent from 0.01 percent, zinc to 4 yuan a lot from 8 yuan, and gold to 20 yuan a lot from 30 yuan, according to the statement. The Zhengzhou Commodity Exchange lowered sugar’s commission to 3.20 yuan per lot from 4 yuan.

The Dalian Commodity Exchange cut soybean commissions to 2 yuan per lot from 4 yuan, Wang Weiyun, spokesman for the bourse said by phone.

The China Financial Futures Exchange adjusted trading fees for CSI 300 index futures to 0.0035 percent, according to a statement on its website.

To contact Bloomberg News staff for this story: Helen Sun in Shanghai at hsun30@bloomberg.net

To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net


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