The turnover of the 23 commodity exchanges rose by 30 per cent to Rs 3,09,291 crore during the April 1-15 period of FY2011, buoyed by trade in metals other than bullion, according to the Forward Markets Commission.
The turnover of the 23 exchanges stood at Rs 2,37,503 crore till April 15 in the last fiscal, a FMC statement said.
The bulk of business came from futures trade in metals like copper, nickel and zinc, as well as commodities such as energy and agricultural items, the data released by commodity markets regulator FMC showed.
Among the 23 commodity bourses, the Multi Commodity Exchange's turnover increased by 23 per cent to Rs 2,47,846 crore till April 15 of this fiscal, compared with Rs 2,00,485 crore a year ago.
The business of the leading agri-commodity bourse, National Commodity & Derivatives Exchange, rose by 16 per cent to Rs 32,249 crore from Rs 27,726 crore, while the NMCE's turnover jumped by over 77 per cent to Rs 11,142 crore from Rs 6,266 crore in the previous year. New entrant ICEX handled business worth Rs 16,488 crore, the data showed.
However, the turnover of the National Board of Trade declined sharply by 60 per cent to Rs 870 crore in the first fortnight of April this fiscal from Rs 2,126 crore in the corresponding period of the previous year, it added.
Currently, there are four national and 19 regional exchanges in the country.
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