April-March comexes turnover up 24%

The turnover of commodity exchanges in the country jumped by 24.35 per cent to Rs 49,07,310 crore during 2008-09 financial year till March 15 against Rs 38,53,524 crore in a year-ago period.

Turnover of the three national level commodity exchanges and 19 regional bourses rose by two per cent to Rs 2,62,813 crore during the first fortnight of March, compared with Rs 2,57,675 crore in the same period a year-ago, data from regulator Forward Markets Commission (FMC) showed.

Gold, crude oil, silver and copper witnessed the maximum volumes in the energy and metals pack, while soyabean, turmeric, soya oil and guar seed were the highest traded agri-commodities during the period, the data showed.

During March 1-15 period, total turnover in bullion jumped by 25.85 per cent to Rs 1,56,261 crore, while that in agri commodities fell 55.43 per cent to Rs 30,518 crore.

The turnover of the country's largest commodity exchange the MCX stood at Rs 2,30,593 crore, while the leading agri-commodity bourse the NCDEX recorded a business of Rs 19,815 crore. Other national level exchange, Ahmedabad-based NMCE, registered a turnover of Rs 8,128 crore.

Among the regional bourses, the Indore-based National Board of Trade, which basically deal in soya oil had a turnover of Rs 2,772 crore in the first fortnight of March.