Silver futures summary for day 1 of the HKMEx trading.
A total volume of 1,140 contracts (1.14 Million oz) of silver traded on day one of silver futures on the HKMEx.
The bulk of the trading was in the front months of Sept 2011 and Dec 2011 contracts, with the March 2012 trading a mere 8,000 oz.
Obviously no concerns about physical silver supplies with the HKMEx for now, as trading opened in a normal contango market, as opposed to the continual backwardation seen in COMEX silver trading.
1,000 Troy Ounces Silver Futures
| Contract Month | Last* | Change | Open | High | Low | Volume |
|---|---|---|---|---|---|---|
| Sep 2011 | 40.23S | - | 39.49 | 40.00 | 39.08 | 572 |
| Oct 2011 | 40.23S | - | - | - | - | 0 |
| Nov 2011 | 40.24S | - | - | - | - | 0 |
| Dec 2011 | 40.25S | - | 39.69 | 40.00 | 39.27 | 560 |
| Jan 2012 | 40.25S | - | - | - | - | 0 |
| Mar 2012 | 40.25S | - | 39.27 | 39.27 | 39.27 | 8 |
| May 2012 | 40.24S | - | - | - | - | 0 |
| Jul 2012 | 40.23S | - | - | - | - | 0 |
| Total Volume | 1140 | |||||
