Business Standard

NCDEX volumes jump sharply in April

Over 75,000 tonnes of commodities were delivered through the Exchange platform in futures segment during the month

BS Reporter Mumbai
The National Commodity and Derivatives Exchange (NCDEX) has seen an 82 per cent sharp in the average daily volumes traded in the exchange in April this year, compared to the same month last year.

Open interest stood at Rs 6,613.70 crore in April 2015, an increase of 2.45 per cent over the year-ago period, the exchange said in a press release.  

About 75,000 tonnes of commodities were delivered through the exchange platform in futures segment in April 2015.  Forward segment, launched a few months ago, saw trading to the tune of 8,000 tonnes. Chana, oil and oilseeds, guar and spices complex, too, saw a jump in volumes.
 

In the agri segment, the monthly total volume was Rs 92,598 crore. Chana, guar seed and refined soya oil continued to be the top performers on the platform. Chana futures clocked volumes of Rs 21,379 crore with 174 per cent month-on-month growth. Ten million tonnes of guar seed have seen excellent participation and registered a volume of Rs 10,677 crore - a 145 per cent growth over the previous month.

In the recently-launched forward segment, 8,091 tonnes of commodities have been traded so far, valued at Rs 2,614 lakh with 7,741 tonnes being delivered through the exchange platform. This includes 1,263 tonnes of commodities traded during April 2015, valued at Rs 557.23 lakh while 1133 tonnes commodities were delivered through the Exchange platform in the month.

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First Published: May 08 2015 | 10:26 PM IST

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