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Turnover on comexes jumps 33%

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Press Trust of India New Delhi
Last Updated : Jan 19 2013 | 10:42 PM IST

During July 1-15 period, the total turnover of three national exchanges and 19 regional exchanges in the country increased two-fold to Rs 2,37,846 crore as compared to the year-ago period.

Of this, 87.90 per cent was contributed by the Multi-Commodity Exchange (MCX) alone, the commodity market regulator Forward Markets Commission said in a release.     

According to FMC data, the turnover of leading exchange MCX stood at Rs 2,09,076 crore, while the leading agri-commodity bourse NCDEX recorded a business of Rs 26,983 crore.
Other national level exchanges, Ahmedabad-based NMCE registered a turnover of Rs 1,036 crore.     

Among the regional bourses, Indore-based National Board of Trade showed an impressive turnover of Rs 498.45 crore in the first fortnight of July.     

Of the traded commodities at MCX, crude oil and silver recorded the highest volume, according to FMC, which releases the trade data every fortnight.    

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 The near-month contract (August 2008) in gold quoted its highest at Rs 13,764 per 10 gm on July 15 and the total value of trade in all gold contracts stood at Rs 85,142 crore.     
Crude oil turnover on MCX was at Rs 53,068 crore while silver trading was at Rs 36,196 crore.     

On NCDEX, mustard seed trading surpassed soyabean with a turnover of Rs 4,588 crore. Soyabean recorded a business of Rs 3,613 crore.

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First Published: Jul 25 2008 | 1:09 PM IST

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