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The turnover of 23 commodity exchanges has increased by over 50 per cent to Rs 88.62 lakh crore till January 15 of this fiscal, against Rs 58.91 lakh crore a year-ago, according to the Forward Markets Commission (FMC).
The maximum business was generated in the futures trading of bullion, metals and energy commodities, the commodity markets regulator FMC said in a statement.
It said that the turnover from bullion jumped by over 70 per cent to Rs 40.27 lakh crore during April-January 15 of the 2010-11 fiscal, against Rs 23.66 lakh crore in the same period last year.
The turnover from metals like copper and zinc zoomed by 63 per cent to Rs 20.61 lakh crore from Rs 12.66 lakh crore, while trade in farm commodities rose by only eight per cent to Rs 10.37 lakh crore from Rs 9.61 lakh crore in the review period, it said.
Business from futures trade in energy commodities rose by 34 per cent to Rs 17.35 lakh crore till January 15 of the current fiscal from Rs 12.94 lakh crore in the corresponding period last year, it added.
During January 1 to January 15, the turnover of leading commodity exchange MCX was Rs 4,72,475 crore, agri-commodity bourse NCDEX at Rs 91,939 crore, ICEX at Rs 13,274 crore, NMCE at Rs 7,337 crore and ACE at Rs 2,561 crore, the market regulator said.
Among regional exchanges, Indore-based National Board of Trade generated a business of Rs 2,909 crore in the first fortnight of January. Currently, there are five national and 18 regional exchanges in the country.
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