Appetite for commodity markets wanes in China

Speculators who traded 1.7 trillion yuan (US$261bil) futures in a single day last month have retreated as fast as they advanced. Trading volumes across the nation

SHANGHAI: The fever that’s gripped Chinese commodity markets is easing.

Speculators who traded 1.7 trillion yuan (US$261bil) futures in a single day last month have retreated as fast as they advanced. Trading volumes across the nation’s three biggest exchanges are more than half of what they were at their peak on April 22 and back to levels similar to a year ago, according to data compiled by Bloomberg.