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Leading commodity exchange National Commodity and Derivatives Exchange (NCDEX) has registered a traded volume of 4,856 tonne in forward contracts and a traded value of Rs 8.18 crore since its launch.
NCDEX had launched forward contracts in September 2014, the commodity exchange said in a release.
The commodity delivered through the exchange platform in forward segment was 3,385.32 tonne till December 31, 2014.
"For trading in forwards segment of the exchange, already 12 farmers producer organisations (FPOs) have registered with us as members, 25 FPOs are in process to obtain membership of the Exchange.
"In the forwards segment out of newly launched 17 commodities, Jeera and Castor have already started trading successfully on the platform," NCDEX Managing Director and CEO Samir Shah said.
During December 2014, the Forwards segment registered a trade volume of 1,546 tonnes on the exchange, with traded value of Rs 3. 22 crore.
During the month 236.50 tonnes of commodities were delivered through the exchange platform.
In the futures segment of the exchange, the average open interest for December 2014, was Rs 6,581.78 crore.
The average daily trading volume (ADTV) for the month was Rs 3,672. 32 crore and 1,04,979 tonnes of commodities were delivered through futures segment during the month.
For the agri commodity futures segment, the monthly total volume was Rs 78,896.84 crore.
The top three traded commodities were castor seed, refined soya oil and chana.
The total traded value for castor seed was Rs 19,971.52 crore with a fall of over 30% year-on-year, chana was Rs 10,448.5 crore with over 2% year-on-year rise and for refined soya oil was Rs 10,858.53 crore with a fall of over 40% fall.
Guar seed saw an excellent participation with 10 tonnes and clocking a value of Rs 8,123.95 crore, a growth of 504.33% year-on-year.
As a leading online exchange, NCDEX offers the widest range of benchmark products across agriculture, metals and precious metals.
