The turnover of MCX shot up by 51.48 per cent to Rs 1,68,299 crore in value terms because of a rise in traders' participation in bullion and crude oil trading, the commodity market regular Forward Markets Commission said in a statement.
Even the volumes on the exchange has also spiked nearly seven-fold to 1.71 crore tons. Of the traded commodities, gold, crude oil and sliver witnessed the highest volume, it said.
Total value of trade in all gold contracts stood at Rs 58,364 crore, while crude oil and silver recorded Rs 58,197 crore and Rs 30,705 crore respectively during June 1-14 period.
On the contrary, the turnover of the leading agricultural commodity bourse NCDEX fell significantly by 37.7 per cent to Rs 20,838 after the government suspended futures trading in chana, potato, soya oil and rubber to contain price rise.
Its volume also slipped by 18.22 per cent to 73 lakh tonnes during the period under the review, the FMC data showed.
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Among the regional bourses, the Indore-based National Board of Trade, which basically deal in soya oil showed a big slump in its turnover at Rs 490 crore.
Despite ban and fears of commodity transaction tax, the total turnover of 22 commodity exchanges in the country has risen by 27.10 per cent to Rs 1,91,663 crore from previous year.