January 27, 2011 / 10:35 AM / 9 years ago

RPT-FACTBOX-Metals volumes traded on LME and SHFE

 (Repeats to fix formatting in table.)
 LONDON, Jan 27 (Reuters) - Following are data for the total number of futures
metals contracts traded on the London Metal Exchange (LME) and the Shanghai Futures
Exchange (SHFE) since the start of 2009. 
 Please note:
 * LME data came from the exchange or was taken from its website. SHFE data came
from the Reuters database.
 * The LME declined to comment on the volume numbers. 
 * Trade sources say SHFE includes both sides of the deal in its volumes. The
tonnage traded on SHFE has been calculated using the volume numbers divided by two.
 * Foreign entities cannot trade on SHFE unless they are in a joint venture with
a local company, which has to have a majority stake. There are no official numbers
for how many foreign firms can trade on SHFE.
 * Chinese metal consumers and producers are not normally allowed to trade on the
LME. China Securities Regulatory Commission allotted the right to trade futures
overseas to 31 state-owned Chinese firms between 2001 and 2005.
 * One copper, aluminium, zinc and lead lot on the LME is 25 tonnes. Nickel is 6
tonnes a lot and tin 5 tonnes a lot. LME steel billet is 65 tonnes.
 * One copper, aluminium and zinc lot on SHFE is 5 tonnes. SHFE steel rebar is 10
tonnes. Nickel, lead and tin are not traded on SHFE.
 * All numbers have been rounded up or down for ease of display.
 * Traders in China say SHFE does not have any global ambitions and does not want
to give western speculators access to local markets.
 LME COPPER/SHFE COPPER
                              Q1 2009      Q2 2009      Q3 2009      Q4 2009
  LME volume in lots - mlns       6.39         6.39         6.16         5.99
  LME volume in tonnes - mlns   159.75       159.68       153.96       149.68
  LME qtr/qtr change -pct        -16.2          0.0         -3.6         -2.8
  SHFE volumes in lots - mlns    29.55        56.93        54.44        21.44
  SHFE volume lots halved - mlns 14.77        28.47        27.22        10.72
  SHFE volumes in tonnes - mlns  73.87       142.34       136.11        53.60
  (Using halved lots)
  SHFE qtr/qtr change - pct       78.0         92.7         -4.4        -60.6
 
                              Q1 2010      Q2 2010      Q3 2010      Q4 2010
  LME volume in lots - mlns       7.54         7.24          6.92         8.26
  LME volume in tonnes - mlns   188.43       180.95        172.98       206.38
  LME qtr/qtr change -pct         25.9        -3.9          -4.4         19.3
  SHFE volumes in lots - mlns    24.71        31.37         26.04        19.45
  SHFE volume lots halved - mlns 12.36        15.69         13.02         9.72
  SHFE volumes in tonnes - mlns  61.78        78.43         65.11        48.62
  (Using halved lots)
  SHFE qtr/qtr change - pct       15.3        26.9         -17.0        -25.3
 LME ALUMINIUM/SHFE ALUMINIUM
                              Q1 2009      Q2 2009      Q3 2009      Q4 2009
 LME volume in lots - mlns        11.73        12.17        12.40        10.69
 LME volume in tonnes - mlns     293.33       304.22       309.97       267.18
 LME qtr/qtr change -pct           -5.0          3.7          1.9        -13.8
 SHFE volumes in lots - mlns      14.08         9.41        10.82         6.76
 SHFE volume lots halved - mlns    7.04         4.70         5.41         3.38
 SHFE volumes in tonnes - mlns    35.19        23.52        27.05        16.89
  (Using halved lots)
SHFE qtr/qtr change -pct         -22.6        -33.2         15.0        -37.6
 
                              Q1 2010       Q2 2010     Q3 2010      Q4 2010
 LME volume in lots - mlns        10.99        11.57         11.06        12.92
 LME volume in tonnes - mlns     274.64       289.27        276.62       322.90
 LME qtr/qtr change -pct            2.8         5.4          -4.4         16.7
 SHFE volumes in lots - mlns      12.28         7.75          6.2          8.29
 SHFE volume lots halved - mlns    6.14         3.88          3.1          4.15
 SHFE volumes in tonnes - mlns    30.70        19.38         15.49        20.73
  (Using halved lots)
 SHFE qtr/qtr change -pct          81.8        -36.9        -20.1         33.8
  LME ZINC/SHFE ZINC
                              Q1 2009       Q2 2009     Q3 2009      Q4 2009
 LME volume in lots - mlns        3.99          4.00        3.85         4.06
 LME volume in tonnes - mlns     99.75        100.05       96.19       101.56
 LME qtr/qtr change -pct          -6.4           0.3        -3.9          5.6
 SHFE volumes in lots - mlns     11.37         17.79       15.96        19.39
 SHFE volume lots halved - mlns   5.69          8.89        7.98         9.69
 SHFE volumes in tonnes - mlns   28.43         44.47       39.90        48.47
  (Using halved lots)
 SHFE qtr/qtr change -pct         30.1          56.4       -10.3         21.5
 
                              Q1 2010       Q2 2010     Q3 2010      Q4 2010
 LME volume in lots - mlns         4.33          4.8         4.35         4.59
 LME volume in tonnes - mlns     108.18        119.96      108.65       114.85
 LME qtr/qtr change -pct            6.5         10.9        -9.4          5.7
 SHFE volumes in lots - mlns      40.15         71.17      108.37        73.50
 SHFE volume lots halved - mlns   20.07         35.58       54.18        36.75
 SHFE volumes in tonnes - mlns   100.37        177.92      270.91        183.75
  (Using halved lots)
 SHFE qtr/qtr change -pct        107.00         77.3        52.3         -32.2
 LME LEAD
                              Q1 2009       Q2 2009     Q3 2009      Q4 2009
 LME volume in lots - mlns         1.49          1.39        1.65         1.47
 LME volume in tonnes  - mlns     37.16         34.64       41.14        36.64
 LME qtr/qtr change -pct           -7.1          -6.8        18.8        -10.9
 
                              Q1 2010       Q2 2010     Q3 2010      Q4 2010
 LME volume in lots - mlns         1.75         1.98        1.86          2.15
 LME volume in tonnes  - mlns     43.77        49.52       46.5          53.83
 LME qtr/qtr change -pct           19.5        13.2        -6.1          15.8
 LME TIN
                              Q1 2009       Q2 2009     Q3 2009      Q4 2009
 LME volume in lots - mlns         0.57          0.72        1.16         2.11
 LME volume in tonnes  - mlns      2.85          3.61        5.82        10.56
 LME qtr/qtr change -pct           40.3          26.6        61.4         81.4
                              Q1 2010       Q2 2010     Q3 2010      Q4 2010
 LME volume in lots - mlns         0.40         0.36        0.37          0.42
 LME volume in tonnes  - mlns      2.00         1.81        1.87          2.09
 LME qtr/qtr change -pct          -81.1        -9.4         3.2          12.0
  LME NICKEL
                              Q1 2009       Q2 2009     Q3 2009      Q4 2009
 LME volume in lots - mlns         1.38          1.64        1.97          1.73
 LME volume in tonnes  - mlns      8.29          9.84       11.81         10.36
 LME qtr/qtr change -pct           -1.6          18.6        20.1         -12.3
                              Q1 2010        Q2 2010    Q3 2010      Q4 2010
 LME volume in lots - mlns         1.88          1.88       1.77          1.81
 LME volume in tonnes  - mlns     11.26         11.27      10.59         10.84
 LME qtr/qtr change -pct            8.6          0.1       -6.0           2.3
 LME STEEL BILLET/SHFE STEEL REBAR
 Note steel data in thousands
                                Q1 2010        Q2 2010     Q3 2010      Q4 2010
 LME volume in lots - 000's           17.1           40.5      71.5          62.0
 LME volume in tonnes - 000's      1,109.8        2,633.4    4,650.6      4,031.7
 LME qtr/qtr change -pct             105.4         137.3       76.6         -13.3
 
 SHFE volumes in lots - 000's     91,701.2      131,516.6    136,504.1   91,502.8
 SHFE volume lots halved - 000's  45,850.6       65,758.3     68,252.0   45,751.4
 SHFE volumes in tonnes - 000's  458,506.2      657,582.8    682,520.3   457,514.2
  (Using halved lots)
 SHFE qtr/qtr change -pct             50.6           43.4      3.8          -33.0
(Reporting by Pratima Desai; editing by Alison Birrane)
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