The turnover of the commodity exchanges in the country rose 29.74 per cent to Rs 43,93,403 crore during the present fiscal till February 15, though trading in agri-commodities showed a drastic drop, according to the Forward Markets Commission (FMC).
Turnover in the corresponding period last year stood at Rs 33,86,361 crore, it said.
Futures trading in agricultural items showed a dent of about 32 per cent at Rs 5,29,666 crore, but the loss was offset by an impressive growth in bullion, the commodity market regulator FMC said in a statement. Turnover from bullion trading grew by more than 75 per cent at Rs 24,45,963 crore during the review period, it said.
Giving details of the fortnight’s performance of the commodity bourses, FMC said turnover of 22 exchanges during February 1-15, rose 3.50 per cent to Rs 2,33,143 crore.