The Tokyo Commodity Exchange announced today that average daily volume for May 2016 was 109,860 contracts, down 6.2%. TOCOM’s largest contracts saw lower volume; Gold Standard dropped 2.8% to 34,636 contracts, Dubai Crude Oil fell 11.4% to 24,425 contracts and Rubber was down 8.3% to 10,505 contracts. Total monthly volume was up 23.0% to 2,087,332 contracts year-on-year.
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