India’s total commodity futures turnover on four national and 18 regional exchanges during April 1-15 was up 30 per cent year-on-year at Rs 3.09 lakh crore, a Forward Markets Commission (FMC) official said.
In 2009-10 (April-March), total commodity futures turnover rose 48 per cent to Rs 77.65 lakh crore. In the current financial year, turnover is likely to grow 15-20 per cent, topping Rs 90 lakh crore, said FMC Chairman B C Khatua.
Multi Commodity Exchange of India (MCX), National Commodity and Derivatives Exchange (NCDEX), National Multi-Commodity Exchange of India (NMCE), and Indian Commodity Exchange (ICEX) are the four national commodity exchanges.
Turnover during April 1-15 on MCX, the country’s top exchange in terms of turnover, rose 24 per cent to Rs 2.48 lakh crore, while on NCDEX turnover increased 16 per cent to Rs 32,249 crore, the official said.
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