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| Comexes' turnover rise 32.92% till Sep 15 this fiscal |
| Press Trust of India / New Delhi Sep 30, 2009, 15:01 IST |
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Commodity exchanges in the country saw their combined turnover rise by 32.92 per cent till September 15 this fiscal over the same period last year, even as bullion trade dipped marginally, the commodity market regulator FMC said.
The exchanges together clocked a turnover of Rs 3,065,054 crore against Rs 2,305,904 crore in the corressponding period last year, it said.
According to the data released by the Forward Markets Commission (FMC), the turnover of bullion trade fell by 4.58 per cent to Rs 1,135,511 crore in the first five and a half months of 2009-10 fiscal, while agri-trade soared by 61.14 per cent to Rs 4,89,988 crore.
During September 1-15, the total turnover of the three national exchanges and 19 regional exchanges increased by 51.63 per cent to Rs 3,35,805 crore compared to the year-ago period, FMC said in a release.
In the first fortnight of September, the turnover of leading exchange MCX stood at Rs 2,86,441 crore, while the top agri-commdity bourse NCDEX recored a business of Rs 34,696 crore. Other national-level exchange Ahmedabad-based NMCE registered a turnover of Rs 10,565 crore.
Among the regional bourses, Indore-based National Board of Trade showed an impressive turnover of Rs 2,576 crore.
Of the traded commodities at MCX, gold, silver and crude oil recorded the highest volume, according to FMC, which releases the trade data every fortnight.
The near-month contract (October 2009) in gold quoted its highest at Rs 15,904 per 10 gm on September 15 and the total value of trade in all gold contracts stood at Rs 69,913 crore.
Silver turnover on MCX stood at Rs 58,630 crore while crude oil trading was at Rs 49,867 crore.
On NCDEX, guar seed trading surpassed chana with a turnover of Rs 10,492 crore. Soyabean recorded a business of Rs 4,311 crore.
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