Driven by bullion and agri commodities trading, the turnover of 21 commodity exchanges in the country jumped by about 52% to Rs 181.26 lakh crore in 2011-12.
The turnover of the exchanges stood at Rs 119.48 lakh crore in the previous fiscal 2010-11.
The major part of business came from trading in bullion, agri commodities, energy and metals, the data released by commodity market regulator Forward Markets Commission (FMC) today showed.
Total turnover in the bullion trading skyrocketed by 85% to Rs 101.81 lakh crore in the last financial year, from Rs 54.93 lakh crore in 2010-11.
The turnover in agri-commodities like chana, guar, mentha, etc., rose by 51% to Rs 21.96 lakh crore in 2011-12 against Rs 14.56 lakh crore in 2010-11.
While, the turnover from commodity trade in metals rose by 8% to Rs 28.96 lakh crore in 2011-12 fiscal from Rs 26.87 lakh crore in the year-ago period.
Trade in energy rose by 23% to Rs 28.51 lakh crore in FY12 compared to Rs 23.10 lakh crore in last fiscal.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
