The Forward Markets Commission (FMC) has said the turnover of the commodity futures market jumped up by 53.54% to Rs 112.86 lakh crore till March 15 of the current fiscal, largely on account of increased trade volume in bullion, metals and energy items.
The turnover stood at Rs 73.50 lakh crore in the year-ago period, the commodity markets regulator FMC said in a statement.
The maximum turnover continued to come from futures trading in gold, silver, metals and crude oil, it said.
According to FMC data, the turnover from bullion rose by over 72% to Rs 51.70 lakh crore till March 15 of this fiscal as against Rs 29.99 lakh crore in the year-ago period.
The business from metals such as copper increased by over 51% to Rs 25.50 lakh crore from Rs 16.84 lakh crore, while turnover from energy items was up by 46% to Rs 22 lakh crore from Rs 15.10 lakh crore in the review period, it said.
However, the turnover from futures trading in agricultural products increased by only 18.25% to Rs 13.63 lakh crore during April-March 15 of the 2010-11 fiscal, it added.
During the first fortnight of March, the country's leading commodity bourse MCX made a maximum business of Rs 5,84,593 crore, followed by agri-commodity exchange NCDEX at Rs 76,185 crore, NMCE at Rs 16,552 crore, ICEX at Rs 8,447 crore and ACE Derivatives and Commodity Exchange at Rs 3,183 crore, respectively.
The country has five national and 18 regional level commodity bourses.
