NCDEX sees 17% jump in turnover in April

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Press Trust of India Mumbai
Last Updated : May 11 2016 | 12:24 AM IST
The futures segment of the National Commodity and Derivatives Exchange (NCDEX) has registered a 17 per cent growth in turnover at Rs 70,848.06 crore in April 2016.

Total turnover for April 2016, reached Rs 70,848.06 crore registering an increase of more than 17 per cent as compared to Rs 60,416.65 crore in March this year, NCDEX said in a statement. Open Interest in futures segment as of April 29, 2016, was Rs 5,392.10 crore, whereas the average open interest for the month stood at Rs 5,173 crore as compared to Rs 4,863 crore for the month of March 2016 which is an increase of around 6.5 per cent, it said. The top three traded commodities were refined soy oil (Rs 14,944.34 crore) with over 25 per cent rise month over month(n-o-m), rapeseed mustard seed (Rs 11,949.25 crore) with over 36 per cet rise m-o-m, and soybean (Rs 9,371.83 crore) with over 26 per cent rise m-o-m.

The Exchange facilitated delivery of 29,293 tonnes of goods for the April 2016 expiry contracts, the release said.
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First Published: May 10 2016 | 10:31 PM IST

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