Hedging to raise futures volume this year

SHANGHAI - China's futures market will recover this year, after a plunge in trading volume last year dragged many brokers into the red, analysts said.

New contracts and expanded corporate hedging will enliven trading, they said, but a continued clampdown on speculation and tight liquidity would prevent a full rebound.

Last year, futures trading volume declined for the first time in five years, falling more than 30 percent, according to the China Futures Association.